EarningsBeats.com Digest for October 4, 2019
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Dear EarningsBeats Digest Members.
We are pleased to Announce...Our Webinar "Two Pack!"
We've got two important events coming up.
1-Q4 Outlook Webinar - Monday, October 7
2-Q3 Earnings Webinar - Monday, October 21
Both of these highly educational and valuable webinars will feature our Chief Market Strategist, Tom Bowley.
These are member only events and we want as many of you who are not already subscribers of EarningsBeats.com to be able to attend. Accordingly, we have put together our Webinar "Two Pack" at a price everyone can afford. Just click on the following link to learn more and sign up.
https://www.earningsbeats.com/public/Webinar-Two-Pack.cfm
Don't think twice! For just $7 you get access to both webinars along with a 30 day trial to our full service including Tom's valuable Daily Market Report. It won't get better than that!
At your service,
John Hopkins
EarningsBeats.com
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Putting it all Together
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On my first Trading Places LIVE show on StockCharts TV a few days ago, I debuted a new segment called "3 You Must See", which is simply 3 charts that I feel are really important. They could be trading ideas or pattern recognition, a change in market psychology, or any number of things. The first chart I pulled up on Tuesday's show was Coupa Software, Inc. (COUP), which had printed a hammer, one of my favorite reversing
candlesticks, with a long tail beneath prior support levels. The recovery that day was phenomenal and it all occurred on better than average volume. These are signals that a potential bottom is in, and finding these attributes on what had been a very strong leading stock throughout much of 2019 just adds to the bullishness:
Since highlighting that chart, you can see that COUP has gained more than 10% in just three trading days. Though COUP had broken down on a relative basis vs. its software peers ($DJUSSW) to a 3 month relative low, it never lost absolute price support and its volume trends remained strong. It's the same principles we use at EarningsBeats.com in order to maximize potential returns while minimizing losses. The entire software industry performed
very well on Thursday and if the nonfarm payrolls doesn't disappoint, we could be in for more of an extended rally to end the week. We'll see.
Happy trading!
Tom Bowley
Chief Market Strategist
EarningsBeats.com
Better Timing. Better Trades.
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