Earnings Monday, expecting a "sell the news" event. Too bad this doesn't have options. Made a bunch on the way up if you guys remember. They already reported preliminary, so there's really no news left.
Coming off an overbought condition with MFI divergence. Looks like it's retracing its steps backwards or maybe a repeat of last quarter. Regardless, my buy point is $28, support at $25. Their numbers look good but the problem with thinly traded stocks is that people lose interest after earning.
We'll see what happens next week. No position yet.
Coming off an overbought condition with MFI divergence. Looks like it's retracing its steps backwards or maybe a repeat of last quarter. Regardless, my buy point is $28, support at $25. Their numbers look good but the problem with thinly traded stocks is that people lose interest after earning.
We'll see what happens next week. No position yet.