ChArtWorks_TechnicalArts

Dycom Triple Bullish Convergence/Earning inc!

Long
NYSE:DY   Dycom Industries, Inc.
Good evening ladies and gents, this is a risky position to take as earnings are coming in 5 days. Despite earnings which I am personally not taking a position in this because of that reason alone, we are showing triple MacD Bullish Convergence as well as Triple RSI Bullish Convergence on the daily time scale. This asset has an overall good up trend, but bear markets can be gruesome for this asset which is exactly what we saw. You are showing a rounding bottom as well.

Entry targets and Exit Targets are depicted. Exit targets are anywhere in the pink range.

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