BAX announces earnings tomorrow BMO est .71. Last earnings were incredible, and this one should be better as Hurricane Maria's damages have already been paid for. Strong expansion into foreign countries/continents such as India, Eastern Europe, and Africa.
MACD: Daily crossing showing strong bullish momentum before earnings. Already crossed and in an uptrend on the weekly.
Trendlines: Just broke past previous resistance/flag and following a loose trendline.
Moving Average: Stock just crossed over 20 ma showing short-term strength. 50 ma and 200 ma still showing strong.
In at 76.05 stop at 68.40. Very big stop as I willing to average down on the stock if earnings miss. I believe this company has incredible strength and am very bullish on healthcare at the moment.
MACD: Daily crossing showing strong bullish momentum before earnings. Already crossed and in an uptrend on the weekly.
Trendlines: Just broke past previous resistance/flag and following a loose trendline.
Moving Average: Stock just crossed over 20 ma showing short-term strength. 50 ma and 200 ma still showing strong.
In at 76.05 stop at 68.40. Very big stop as I willing to average down on the stock if earnings miss. I believe this company has incredible strength and am very bullish on healthcare at the moment.
Comment:
Beat by 8%, holding for the long term.
Comment:
Adding 50% more here. Weekly looks solid