Good news makes the masses excited and buy high out of greed. Bad news makes the masses depressed and sell low out of fear. Good news or bad news leaves the master trader indifferent ―he/she trades a proven system.

its 52w high point & above 200 DMA. Because if the results are really great, the price should confirm the same.

There is no denying that the rising earnings is the main reason why the price of a stock goes up. And, that's why many retailers trade/invest basis quarterly earnings announcement. But does it really help? Read on