Interesting analysis as usual. What about cases where price action has happened in anticipation of positive results and then post results announcement, instead of going up, stock prices tend to go down due to profit booking? This happens often in Indian markets where insider information leakages happen the most and technical charts reflect the movement prior to the announcement.
Interesting analysis as usual. What about cases where price action has happened in anticipation of positive results and then post results announcement, instead of going up, stock prices tend to go down due to profit booking? This happens often in Indian markets where insider information leakages happen the most and technical charts reflect the movement prior to the announcement.