AwesomeAvani

POWL an earnings pop will it continue or drop

Long
AwesomeAvani Updated   
BATS:POWL   Powell Industries, Inc.
POWL destroyed analysts' estimates may more than it did the previous quarter.

Of special note, the mass index indicator rose above the threshold but has not yet triggered

a reversal signal. The next trading session may be a drop or a rest until next week.

Call options striking 100 for 15DTE did 300%. I contemplate taking put options striking $110

with the same expiration. Risky for sure but maybe highly rewarding.
Trade active:
POWL looking strong in a high-tight flag pattern in consolidation. Expecting a drop
tomorrow but cold also stop- out for a small loss. META popped big for megaprofit on call options. Can take a small loss here and ignore it or watch a flush and take profit here as well.
Comment:
POWL looking good again today on an up general market day. Holding no adds no partial profit. Expecting a market correction next week and will take a partial when
it occurs.
Trade active:
Taking 25% of profits from the table to close out the week. the other 75% can run next week. On watch for a reversal.
Trade active:
Zoom to time frame for February so far :

Comment:
BTW this is a deent swing trade low effort /time printing money.
25% of profits taken out. When a decent dip is seen. ( RSI drops and MACD with negative histogram and line cross) will add it back in to zig-zag the trend up
to squeeze a little extra along the way.
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