jhains2

EZPW Triangle Breakout Could Reflect Unannounced News

NASDAQ:EZPW   EZCORP INC
5 0 1
2 months ago
Of course, a breakout of this type simply puts the stock into a rectangular consolidation pattern, but in this case the sharp move this morning in a modestly lower market environment may reflect the closing of the company's sale of its Mexican payday lending operation for $50 million in up-front cash, deferred payments, and the refinancing of that units debt obligations to exclude a guarantee from EZPW             .

At a recent conference presentation,, management reaffirmed its expectation that the deal was on track to close by the end of this month (one week to go).

The closing of that sale has long been viewed as a catalyst for a stock price increase/
2 months ago
Comment: I guess you could also say that prior to this morning's upward candle, this was resembling a Head & Shoulders......
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out