Correlation trading strategy idea analysis. Yesterday I showed you the possibility to make a short trade of OGE Energy Corp after bad earnings. Today I want to show you the possibility to make one of more intraday correlation shorts of this stock. In my previous ideas, I showed my vision of correlating moves. There are a lot of companies, which reflects the...
Earnings intraday trading strategy signal. OGE Energy Corp. provides energy and energy services primarily in the south-central United States. The company has been beating EPS estimates for 4 of 5 quarters (Q3 18, Q4 18, Q1 19, Q2 19, Q2 19, Q3 19). But yesterday the earnings report has a very negative surprise — www.benzinga.com I suppose many traders will close...
Hi, Price has touched strong level and there was also a strong pivot which is a good sign to reject price for the mid-term position. wait to see good rejection candles Good luck! Happy Pips! :)