Yeh. I position trade. Meaning I get in with the smart money and sell the news typically. Key things I look for are Bullish patterns, Low SOI, Tight Register, growing On Balance Volume, Volume pivots and catalysts.
In the case of VRL, it has a low SOI, Tight Top 20 register, Catalyst being around GMD which has purchased FML for $250m, and the bullish chart patter ascending triangle. It will only moonwalk if there is news.
Hope this helps, will swing round again.
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Short Term Trading Week Starting: 02 Jun 2025, page-47
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