Google broke out to new all time highs this morning after announcing earnings yesterday. The real problem for investors is after a huge move, what should investors do?
I want to look at previous examples and end the article with the Google chart. Let’s look at Netflix (NFLX). All of the gaps up after earnings are marked in pink. This chart is particularly volatile. But you can also see on the SCTR when it surges to become a top performer, it usually hangs in there for a while.