CLDP: A Very Cheap Earnings Play
Per TradingView, Cloud Peak Energy's Next E.R. Is This Friday [April 26th, 2019]
I think this stock has some pretty good looking T.A.
- OBV is kissing a critical resistance level.
- Chaikin Oscillator had an explosive move up from its' low on this daily timeframe. It seems ready to test the 0 line soon.
- It's broken overhead resistance on higher volume than we've seen it trading at recently, so good news of any sort that drives buying volume into the name could easily propel this thing up.
I also like the fact that Rennaisance Technologies has continued to add to their position in the name over the past few quarters.
I'm throwing this one out there as an E.R. play as well because at its last close of 0.074200 today, you could get a good amount of shares with a maximum loss of seven cents on each 'bet'.
Could be a floozie, but I figured most of the adventurous E.R. players out there should at least get a peak at this.
I'm currently holding no position but will be looking at tomorrow's action for a possible entry.
Trade Safe,
- dros
https://www.androstrades.com
I think this stock has some pretty good looking T.A.
- OBV is kissing a critical resistance level.
- Chaikin Oscillator had an explosive move up from its' low on this daily timeframe. It seems ready to test the 0 line soon.
- It's broken overhead resistance on higher volume than we've seen it trading at recently, so good news of any sort that drives buying volume into the name could easily propel this thing up.
I also like the fact that Rennaisance Technologies has continued to add to their position in the name over the past few quarters.
I'm throwing this one out there as an E.R. play as well because at its last close of 0.074200 today, you could get a good amount of shares with a maximum loss of seven cents on each 'bet'.
Could be a floozie, but I figured most of the adventurous E.R. players out there should at least get a peak at this.
I'm currently holding no position but will be looking at tomorrow's action for a possible entry.
Trade Safe,
- dros
https://www.androstrades.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.