LOGI (Logitech International SA) - Bullish for the quarter
Logitech International SA
Logitech designs manufacture and markets innovative peripherals that provide people with easy access to the digital world. The Company's product family includes Internet video cameras, mice and trackballs, keyboards, audio and telephony products, interactive gaming devices and 3D controllers.
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Good start to the earnings quarter, missed opportunity to enter the trade during hugging of the LOW point.
- Looking for a dip in price nearer to the LOW point and confirmed by Slo Stochastic for entry to take us to MID/HIGH point for the quarter
- Expectation for the price to move to MID or HIGH point
- Trailing stop-loss on price above MID point
GOOD LUCK.
DO YOUR OWN RESEARCH!
Logitech designs manufacture and markets innovative peripherals that provide people with easy access to the digital world. The Company's product family includes Internet video cameras, mice and trackballs, keyboards, audio and telephony products, interactive gaming devices and 3D controllers.
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Good start to the earnings quarter, missed opportunity to enter the trade during hugging of the LOW point.
- Looking for a dip in price nearer to the LOW point and confirmed by Slo Stochastic for entry to take us to MID/HIGH point for the quarter
- Expectation for the price to move to MID or HIGH point
- Trailing stop-loss on price above MID point
GOOD LUCK.
DO YOUR OWN RESEARCH!
Though no major gains, the overall price action was in line with forecast, and we may yet see further gains towards end of quarter earnings report