It all depends on timeframe. We can be in uptrend on Daily and downtrend on hourly. So we should write what timeframe we looking at because that makes all the difference. But just for fun and to prove my point: What time-frame am I looking at?:)
Yeah, that's how I came up with the question. So if the earnings come out better than expected then you can just buy pre-market with a limit and then it gaps up at the open you have instant profit? Is it that easy?