Battleground: Morgan sticks by Ambarella after guidance cut, two downgrades The shares of Ambarella (AMBA) are tumbling after the chip maker reported stronger than expected quarterly results but cut its guidance. Two research firms, Craig-Hallum and Roth Capital, downgraded the stock on the heels of the report, but Morgan Stanley remained upbeat on the company's...
P/E Over 24 P/B 1.11 Last yearly report, net debt was wiped by well over 100m leaving only 216m left. Debt may not be completely wiped, but a hint at dividends returning could be possible. Operating profit returned positive after two consecutive years negative. If net profit after tax exceeds 70m and debt is decreased by 50m+... This will be fantastic. The...
NFLX earnings- 2 technical signals: 1) Weekly Bearish Crab Pattern 2) Bounce from weekly MA line (bullish sign) Which one will you trade today?
SNAP will have its first earnings report this week. For those of you who are extremely bullish about SNAP, perhaps this potential bearish Bat will interest you. This is an Aggressive C trading scenario in which you buy point C and expect the price to reach point D (complete the pattern) Obviously earnings are risky and as you can see this setup requires a wide...
GREAT LONG-TERM TECHNICAL PICTURE, SOME RECENT WEAKNESS - Long term uptrend took us to historical high on October 6, 2016 - Gentle uptrend over the past 6 months with a breakout late Sept. - Some short term weakness since the top, but still in breakout mode SOLID, PRICEY FUNDAMENTALS - Continues to impress the investment community - 87.5% of consensus has a buy...
Downtrend: wave 4---> wave 5 to complete around 45.75
Apple earnings to be released after market today Expectations: 1. 1.39EPS and $42.31bn Revenue - I personally have been an Apple bull for some time - I believe the bar for apple has been set low, with EPS 25% lower than last year and Revenue target also 15% lower than last year - I think this is achievable as Iphone SE sales will be included in the income...