jaxdog

$DXC on Watchlist for Breakout

Long
jaxdog Updated   
NYSE:DXC   DXC Technology Company
$DXC Here's one that broke out on 4/29 that I missed. Lucky for me it pulled back a bit on 4/30 where I opened a position. I am looking to add to that position if it can break above the upper resistance line I've drawn where I have an alert. Earnings are coming up so need to be mindful. You can see my entry on the chart. I'm hoping this will run into earnings, All TBD. Ideas, Not investing / trading advice.

They last reported earnings on Feb 4

From earningswhispers.com

Dxc Technology Beats

Dxc Technology (DXC) reported 3rd Quarter December 2020 earnings of $0.84 per share on revenue of $4.3 billion. The consensus earnings estimate was $0.54 per share on revenue of $4.2 billion. The Earnings Whisper number was $0.64 per share. Revenue fell 14.6% compared to the same quarter a year ago.
Trade closed manually:
5/11 it was looking like this was going to round trip on me so I closed today with a small profit. I still like the name and will keep an eye on it. It has a RS in this market. Just being cautious and not wanting draw downs where I can.

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I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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