DCO - Channel Breakout AttemptPrice is attempting to breakout of a long term channel with a new up channel that can be seen along the white lines If this breakout doesn't occur continuation along the original channel is likely. Bullish Weekly timeframe by Bixley1
DUCOMMUN INCORPORATED, DAILY TECHNICAL OUTLOOKDaily outlook on ducommun, close to pre-pandemic price levels. Gaps ahead.by index_yunus2
Ducommun - technical/fundamental bullDCO has a beautiful looking chart! It has been in an uptrend channel since the beginning of 2017. (check chart for more details) Earnings report trend are usually positive surprises, that have maintained the trend so far. ------- I would consider entering a position if we brake SMA(50) on a daily chart, with strong volume. (currently at $45.3) Have a great weekend! Happy trading, dorfmanmaster Longby dorfmanmasterUpdated 3
Ducommun Inc Surges on earnings Huge beat on earnings resulted in break from long established congestion channel. Stock is now overbought with rsi at 81 so expect slight pullback before looking for a entry Company earnings Ducommun (DCO +17.6%) reported Q4 revenue growth of ~14% Y/Y to $186.93M, and backlog of $910M, reflecting strong orders across numerous key platforms, particularly within defense business. Revenue by segments: Electronics Systems $96.33M (+13% Y/Y); and Structural Systems $90.59M (+14.8% Y/Y). Q4 Gross margin improved by 154 bps to 21.5%; operating margin improved by 430 bps to 8.1%; and Adj. operating margin was 8.4% up by 185 bps. Adj. EBITDA was $25.16M (+29.8% Y/Y); and margin improved by 166 bps to 13.5%. Company says they are looking forward to starting back production later in Q1 and are well positioned operationally to meet the rate requirements now and in the future. Source Seeking AlphaLongby Bullishcharts1141
DCO EarningsAlways goes up on earnings then falters. Pretty long winning streak though, so I bought some calls. The only thing that worries me here is A/D, and options have high premiums, so only 5 contracts on this one. Earnings are always a crap shoot...Longby hungry_hippo6