Yeti just had a nice rally, breaking out of a long term price channel. RSI & Momentum are hot right now, this week looks like it will be a reversion. I'm looking at 2 supports right now, one the former resistance, and another formed on the rally. Sub $42.00 entry seems possible this coming week, perhaps next week. Based off Fibonacci levels, and some...
Over the last five years, the company has experienced rising revenues, though growth began to decelerate in FY 2022. Quarterly revenue data from 2023 and 2024 indicates that FY 2024 will achieve at least a 10% year-over-year revenue increase. YETI's revenue is typically seasonal, peaking during the holiday season. FY 2023 revenues were impacted by a voluntary...
CVX & HES are expected to complete a merger on 6/30/25. CVX will pay every holder of HES stock 1.025 shares of CVX per share of HES. This is represented by the spread. Spread has been widening since announcement date, and would be interesting to make a play on. FTC seems to be interested in having a say in the merger.
NYSE:CVX *1.025-NYSE:HES
