JACK missed earnings last quarter and the price rose large. When going back several quarters on earnings days there is often a big move: when the price is stable and rising it had fallen; stable and falling it will rise. It’s currently in a stable fall with some resistance above and below.
Earnings are scheduled to announce after the closing bell, so there is more analysis to do to find the right entry point during the day. The risk is it seems to be stuck teeter-tottering, and a spread may be the more secure option play here.
Earnings are scheduled to announce after the closing bell, so there is more analysis to do to find the right entry point during the day. The risk is it seems to be stuck teeter-tottering, and a spread may be the more secure option play here.