The classic breakout trade is a favorite of swing traders. My favorite variation of the breakout setup is the earnings breakout. The beauty of this setup is it works in any market at any time.Next week I will be teaching this setup in the 60 day bootcamp, going over the finer details of 5 different long setups and 1 short setup related to earnings. It is the most in depth analysis of the earnings breakout that you will ever see.NOTE: On June 1, for the first time I will be joining the 60 day bootcamp for 3 days of in-depth swing lessons ! Join us here.In today's video, I give you a taste of the earnings setup with current Trade Report position Facebook.In this video you will learn:
- What to look for on the day of breakout
- The importance of the 9-ema
- How to set targets
- Details of the breakout-pullback
https://youtu.be/ncaFPTX9-hsThis swing trading service is great for those that work and can't monitor the computer all day. We have in-depth nightly reports on the gameplan for the day/week and all stock picks that I trade will be alerted and emailed to you.Check out the Swing Service HEREFollow me, Paul Singh AKA "TheMarketSpeculator" on�Twitter�or email me at�SinghJD1@aol.com