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Amphibiantrading
Nov 28, 2022 1:21 AM

Holding the Earnings Gap Long

Insulet CorporationNASDAQ

Description

PODD had a massive earnings gap breaking out of a cup base. Since then, there has been an orderly pullback to the low of the gap up day which sits just above the 21 ema. After staging an upside reversal candle, this was buyable the next day as it pushed over the high of the upside reversal. This buy already triggered; however, it remains right in buy range and is still actionable.
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