🎯 Trade Idea: WOLF Earnings
Wolf reported earnings after hours today. While they had an EPS loss, they still were higher than expectations and their revenue beat expectations as well. They made a decent after hours move, sold back down to today's range, consolidated, and started to move higher. Seems like some cautious optimism from investors so far.
The Trade: Earnings Reaction
📚 Want to learn exactly how we trade earnings reactions? Check out our free educational video in the Classroom! It covers the basics of:
• What to look for with signs of a trend day
• How to spot the best setups
• Basic risk management principles
⚠️ Trading Reminder: Earnings plays require extra attention to risk management.
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• Multiple trading scenarios for plays like this one
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✌️- Derek
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Derek Barnett
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🎯 Trade Idea: WOLF Earnings
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