JimMakos
Long

LPI stock: resistance to become support on earnings

NYSE:LPI   LAREDO PETROLEUM INC
84 0 1
Laredo Petroleum             today's earnings data:
- Q1 EPS             of $0.49 beats by $0.35.
- Revenue of $173. 3M             (+5.9% Y/Y) beats by $0.67M.

http://seekingalpha.com/news/1734993-laredo-petroleum-beats-by-0_35-beats-on-revenue

That's a likely favorable risk/reward trade. For long positions, I'll pinpoint my entry using the 5 or 15-minute chart.
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