HCP is a computer infrastructure company. The December earnings were a 160% beat. Given the
quicky evolving AI supertrend, the earnings might be expected to be another big beat. However,
that could be baked into the price. However, the explosive volatility of the last trading session
say otherwise. I will take a long trade here and chase this stock. I see it as pulling out of a
pullback and continuing on higher time frames.
Trade active
HCP moving 7% in the premarket and not fading so I expect more of the same at the open.
Comment
Price moved over 7% in the premarket appears ready for bullish momentum in the regular session.
Trade active
HCP pumped 10% in the premarket but now sideways- will look for an afternoon fade to add to the position
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This was fast and furious took off half the position with a huge gain on both shares and call options; waiting for the afternoon fade to add back half of the profits for the continuation.
Trade active
No fade this afternoon so will it retrace after-hours and into the premarket or will it rest and so sideways until the opening bell? A good question.
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