Needle moving action has been spotted in GrowLife Inc (PHOT) as shares are moving today on volatility 1.56% or 0.0001 from the open. The OTC listed company saw a recent bid of 0.0065 and 4610000 shares have traded hands in the session.
As earnings season kicks into high gear, active traders may be wondering which companies will beat and which ones will miss when the reports are released. Trading around earnings reports may not be for everyone. Gauging which way a stock price will bolt after earnings can be a difficult task. Sometimes companies may post great numbers with a solid beat, and the stock will drop. Other times a stock will miss on the earnings front, but the price will jump. Traders who are willing to take on the risk may be able to withstand the high volatility that comes with trading shares around earnings news. Investors may wait until after the earnings releases are available to see what kind of surprise is posted. Companies that post large surprise factors either positive or negative might be worth taking a look at for future buying or selling opportunities. Combing through the numbers after the report may allow investors to add another piece of data to the investing equation in order to make a more sound decision on what stocks to trade as we move into the second part of the calendar year.
Digging deeping into the GrowLife Inc (PHOT) ‘s technical indicators, we note that the Williams Percent Range or 14 day Williams %R currently sits at -75.00. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would point to an overbought situation. A reading from -80 to -100 would signal an oversold situation. The Williams %R was developed by Larry Williams. This is a momentum indicator