Although Apple news claimed that the company “beat expectations,” the stock gapped up and quickly reversed, then moved down further. This is due to their Guidance for the next quarter. Many companies are able to beat the analysts’ estimates, but forecast lower for next earnings season.
Martha Stokes, CMT
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Learn how to use the technical patterns of each market participant for better trade planning.
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Learn how to use the technical patterns of each market participant for better trade planning.
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