Late Day Trade- FLTX

Before I go any further, hold off on QQQ and SPY. Still see some down action on them tomorrow, according to the charts. But one that is flashing a buy right now is FLTX. Lets look at the chart:

As you can see there is a bottom candle with a long bottom tail at the current candle that is highlit yellow. This is a bottom signal.
Here is the deal. This stock is going to report in about 2 weeks and it is starting the 2 week pre earnings climb because of this:

Look at the last 4 quarters: a suprize for all 4 of them. Plus, in the growth est, it is significantly over the industry benchmark. Everyone can see this, so people are going to pile on leading up to earnings so we are going to buy a call and hold for 2 weeks or so and sell BEFORE the actual earnings.

There. We are in for August.

More this evening.
Tradinginsider