SNEX: Long
--Cup with handle
--Tight price action at the candle
--Weekly chart, with better view of Cup with handle pattern with MACD had a lot of momentum and high volume.
--Above average volume before ER release
--ER: beating estimate, stock gap up 2.3%
--Entry above handle
--Cut loss below 50ema, but can be move up, if stocks is trending up to keep cut loss smaller.
--This is an up trend stocks, expecting keeping an up trend after good ER.
--Finance stocks been doing really well during this market condition, i.e. fed tightening cycle.
--Tight price action at the candle
--Weekly chart, with better view of Cup with handle pattern with MACD had a lot of momentum and high volume.
--Above average volume before ER release
--ER: beating estimate, stock gap up 2.3%
--Entry above handle
--Cut loss below 50ema, but can be move up, if stocks is trending up to keep cut loss smaller.
--This is an up trend stocks, expecting keeping an up trend after good ER.
--Finance stocks been doing really well during this market condition, i.e. fed tightening cycle.
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