Consolidation near all-time highs is a bullish characteristic and we are seeing that in XLC. Keeping this on watch and want to be long above 68
200-day moving average looks like a magnet. A bearish thesis could be based on a slow grind back down to this indicator.
I like SNX as a post-earnings momentum play as long as the overall markets continue trending up. This one seems to trade pretty much in line with SPX on a relative basis (Price Relative plot), and demand is pretty high following the earnings announcement a few days ago (RSI plot). The price chart has been trading above the 200-day moving average (indication of an...
NKE showing strength on a relative basis compared to the S&P 500 index ( SPCFD:SPX ) Strong recent earnings reaction (+8% on earnings day) with new all-time high Consumer Discretionary ( SPCFD:S5COND ) has been outperforming the SPX on a relative basis while trading above the 200-day moving average (indication of an up-trend) Solid dip buy opportunity...
DRI ( NYSE:DRI ) has been generally trading in-line with the S&P 500 index ( SPCFD:SPX ) for the last 6+ months until their recent earnings reaction propelled the stock above the 200 day moving average relative to SPX, indicating the stock is primed to out-perform the index. The DRI price chart has taken over the 200-day moving average, retested, and continued....
Looks like GPRO is starting to put in some higher lows on this short-term time frame. I like the 5.90s risk paired with the potential upside provided by a strong recent earnings reaction. This stock is still almost 20% short, and there are a lot of people out there in social media land hating on this company, so we could see some covers if this thing refuses to break down.
Positive reaction to recent earnings a few days ago +5% pullback to consolidation level on earnings day Watching this one for a short term (over the next couple of days) bounce, potentially back to the 3.70s area. Risk would be 3.20
2nd green day after 6 red in a row could signal a trend change. 10 cent risk on 5.50 long term support level with 30+ cents potential reward playing off the $6 mark makes for solid risk/reward.
$CYH has been consolidating in a pretty solid price range since earnings injected some volatility into the chart. Good risk/reward here and worth considering if it can hold $3.
Choppy intraday chart, but the daily chart looks like this recent earnings momentum play could start moving higher. I have done no research into this company. This is pure observation based on technical analysis alone (support and resistance).
Recent positive reaction to earnings could help finally push this stock through longterm resistance. Short-term time frame, I have done no fundamental analysis to support a hold period of more than a few days. This would be pure earnings momentum based on technical analysis.
Recent positive reaction to earnings has created volatility and a nice consolidation range Looking to buy near 7.40 support or short if it can't hold Looking to buy the breakout if it bounces and pushes through the 7.50s
With a nice reaction to recent earnings, buying into this double bottom could yeild some good upside with minimal downside risk.
CERS ascending triangle breakout pattern in reaction to earnings is now providing support on this recent pullback. I’ll be looking for a move through 3.70 (3.60 stop) in anticipation of another test of the $4 level.
Looking for WIN to reclaim $2 and continue off of recent earnings momentum.
BW float is ~20% short. This paired with recent earnings momentum and a multi-month breakout setup could drive this stock through $5 and beyond.
recent earnings momentum may push this through 14 with lots of room to run. roughly 8 million shares short vs <1million average daily volume
Multi month range breakout on recent earnings Good short interest, about 9%