BellRing Brands manufactures and sells ready-to-drink protein shakes, powders and nutrition bars.
Last Monady or even Tuesday were good days to initiate a position but still there is a great opportunity to buy at the pivot above $38.
Its only the second base after it confirmed the uptrend.
The only bad thing is that NYSE:ELF is the industry's leader and is...
This is one that I really like but that might be about to change with Fridays high selling day and upper candle wick , still no breakdown so that takes precedence , price is the best indicator but just pointing out that we have a bit of a warning sign here ...
This alone does not make it a sidelines name ,
its still a TT's name with a Major 2/2 gap and 2 minor...
This qualifies as a TT's name
Tight price moves
Great RS , and its got an Active 2/2 Major gap .
Looks like the sales are driving the move more than the EPS , which is more stagnant . Sales look awesome 315 to 385 million quarterly change in last 12 months so about 22% higher in a one year period but eps per share is stagnating comparatively ..
The signal...
BRBR reported better than expected EPS and an 18.3% jump in revenues yoy. The Company has raised its guidance on EBIT to 306-325m for 2023, which is a decent 18% EBIT mrg. The stock price followed through and it`s possible to accelerate. Adjust your size according to a possible 30% risk.
Behaving very nicely here....
Earnings soon!!!
(can't publish? says something about being too short....???? let's try more lines like these than).....(ignore)
Just came across a company who seemed to have some negative price movement because of a missed earnings. They're trading at below book value, strong cash flows, low debt, and consistently growing earnings. Good look.
Buying opportunity! PE of 5.7 for 140% EPS growth annualized last 4 years. Intrinsic Value @ 0% growth= 44, DCF fair value = 44; 53% margin of safety. WOW!
SP currently sitting looking for support at bottom demand line.
Start to appear buyer volumen near the 20,XX
We see a resistance in the twenty.
My opinion is to wait the price to go down to 20 and wait the rebound up
