* Excellent earnings quarter over quarter
* Very strong up trend on the monthly time frame
* High relative strength of 2.75 in the Consumer Defensive sector
* Pays out a quarterly dividend
* Breaking out a ~17 month base
* Both monthly and weekly candles show a large bullish hammer candle
* The weekly chart used the base resistance of $97.53 as support and mad a...
I like SNX as a post-earnings momentum play as long as the overall markets continue trending up. This one seems to trade pretty much in line with SPX on a relative basis (Price Relative plot), and demand is pretty high following the earnings announcement a few days ago (RSI plot).
The price chart has been trading above the 200-day moving average (indication of an...
ROKU released earnings today. If price can get above $52 I'd expect a run up to the upper trendline. If you like my charts, feel free to follow me on Twitter for intraday updates @GingerHeadTrade
AMZN has dramatically increased from the last earnings report. I have placed a long and a short order to take advantage of the volatility this stock shows near earnings reports, currently, the ADX is showing that the price could be rebounding in the future. Also, the Coppock curve is heating up, so, there could be a short-term fall.
Tesla has produced a head and shoulders pattern. It has not yet broken out of that pattern but today is earning report- so maybe the opportunity is rising to profit tremendously. The volume has been in a decreasing trend ever since the last earnings report, so I accept a large breakout. Also, the coppock curve has been in a decreasing trend line for a while. I...
TRI has provided a cup and handle pattern - and is currently in a short term flag. The coppock curve has been decreasing with the flag. Long order is till the open of the flag. Short is opening below 25 MA. Also, the volume is decreasing with the flag at a angle of 35 degrees - showing a potential large breakout.
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...
As earnings near, Tesla breaks out above its 100 day moving average (pink line) and a 3+ year rectangle pattern (blue lines). If earnings beat, diagonal support line 1 could be breached, starting a $95 move upward as forecasted by the rectangle. New support at diagonal line 2 and blue line Y. RSI is still in a bullish upward channel, but let's watch for a...
NASDAQ: FB looks as if it will dip before hitting a new high on July 27th. As for the YTD of FB the Q Earnings Report has shown that FB receives a jump. This could potentially happen after the 27th. But do not be discouraged if the stock seems to fall prior the 27th. Check it out.
Consistent outperformer with always an Ace up its sleeve. Expect at least a 30% increase in value in 2016. You will never see this stock at these prices ever again. Buy now and thank me Later. All bets are off if we have a financial collapse dragging the share price below 92.96.
Forward Industries reported earnings yesterday of 6 cents a share for the fiscal third quarter. Revenue fell to $7.23 million for the quarter from $9.06 million in the year-ago quarter.
This is an earnings winner. The numbers doesn't matter, it's the REACTION that matters!
FORD spiked from $1 to $3.7 in the market open yesterday. Then it fell and had a nice...
