Tuesday 29 October 2019

Alphabet A - Earnings Missed Estimates, Shorted BEFORE Earnings


During my talk last SAT, I shared about Google, Alphabet A where it was about to released results. Many participants who attended were mesmerized by my talk and wanted to find out more. As of you can, many of them were listening to my speech and most of them believe I can predict the results before price moves.



As you can see Alphabet A hit the ultimate supply zone and then in the 5 minute chart, there was serious amount of profit taking which took place last evening which might be the dagger and clue to the earnings. I studied the chart for 2 days, making sure that the stock rise first before I take a position.




True enough, the earnings missed estimates as reported earlier this morning. Alphabet A tumbled 1.63% after hours and my prediction came true. The skill I honed on predicting the results was slowly maturing and perfecting. It took me a while to figure out the US market but it was well worth it. Even my traders which I trained was also able to predict the results. See his PayPal trade below.

http://ronaldkstockmarket.blogspot.com/2019/10/paypal-buying-and-predicting-before.html






Shorted at $1286.54 around 11pm plus. I was in some profits but after that the stock ran up further and higher to $1298. I couldn't watch out the whole night for the best price and hence I decided to stick to my game plan and that's to hold until results. Tonight I shall be in some good profits because it's going to gap down. After touching $1295-$1298 range, the stock really hit some major supply zone and it suffered profit taking. I am expecting Alphabet A to gap down later tonight where I will be locking in profits.

Ron K - A Game Changer