NAVN — gap-reversal

Summary

17% gap after earnings because people didn't like the rising operational costs of the company. The earnings numbers were flat and it had a few red days leading to the gap. Right before the open, it starts to fall even more, capitulating 6 minutes into the open. Get in as it breaks out of the doji, indicating upward momentum. Sell half as it starts to climax and the rest if it loses momentum. If it doesn't, you can keep riding it for a bit more.