lauralea

Butterfly/Earnings AMC

lauralea Updated   
NASDAQ:MNST   Monster Beverage Corporation
Earnings today.

Possible stop below D.

Risky to trade with earnings after market close. This chart would depend on how well earnings are received this afternoon. This butterfly went past the 1.272 almost to the 1.618. I think there was a downgrade on MNST this past quarter.

No recommendation
Comment:
Computer trading kicked in due to pattern despite earnings being on Iffy side/ Stops in this same computer system can be a good thing or a burner )o: Be safe with your stop if you want to hang
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