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Quant Model Indicates 20-day Downside in LL Before Earnings

NYSE:LL   LUMBER LIQUIDATORS HLDGS INC
46 0 0
+ Currently below all three moving averages (20-day, 50-day, & 200-day). Academically proven that future returns will be weak moving forward (http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1656460).

+ Barely oversold, as the stock has consolidated at lows. Fairly liquid, so wouldn't benefit from the return reversal effect anyway.

+ Extremely high volatility makes technical analysis very effective, as investors turn to TA when prices are chaotic. This amplifies the magnitude of our Quant model's confidence.

Likely 20-day price scenario of $17 to $20. Price target of $18.50 sometime around next earnings release. Cover before ER, as LL is now undervalued. Anything positive and it will shoot higher.
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