OVI Post Earnings keeps delivering.
On Monday Mellanox Technologies (MLNX) added itself to the growing list of OVI post earnings setups that have been takeovers shortly after.
It’s a phenomenon of the OVI post earnings setup that extends the post earnings drift into a fast windfall scenario, and we’ve already had VSM this past earnings season too.
And we’re not being wise after the event. This stock was highlighted FOUR times beforehand, on the 10th and 28th February, and 2nd and 9th March.
So, although I’ve said it time and time again … Please take my OVI post earnings strategy seriously and adopt it for some of the easiest and most consistent trading strategies you’ll ever use.
Of course those that turn into takeover windfalls are extra special, but there are also plenty that turn into windfalls without being takeover targets.