EXPLOSIVE EARNINGS! Charts Look Great. Strong BUY
Updated
Zumiez blew past earnings last night coming in .15 cents above consensus. The company also beat on revenue and raised full year results.
Zumiez also issued a $100 Million stock repurchase program through 2020.
Charts look great, PMO, MACD and RSI are turning up, POSITIVE.
Looking for a new 52 week high soon.
The stock was trading upwards of $55.00 a share a while back.
LONG
Zumiez also issued a $100 Million stock repurchase program through 2020.
Charts look great, PMO, MACD and RSI are turning up, POSITIVE.
Looking for a new 52 week high soon.
The stock was trading upwards of $55.00 a share a while back.
LONG
Trade closed: target reached
Out @ $35.00Huge Overnight Profit
We did not think it was going to run up that fast this morning.
Long term we still think the stock could trade back above the $45 to $50 range
Also...after looking at the charts, and past earnings releases, the stock could continue trending up into next week.
Best of Luck Everyone!
Happy Holidays to you, your family and friends!
Trade closed manually
Out @ $35.00Huge Overnight Profit
We did not think it was going to run up that fast this morning.
Long term we still think the stock could trade back above the $45 to $50 range
Also...after looking at the charts, and past earnings releases, the stock could continue trending up into next week.
Best of Luck Everyone!
Happy Holidays to you, your family and friends!
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