JimMakos

LPI stock: resistance to become support on earnings

Long
NYSE:LPI   None
1
Laredo Petroleum today's earnings data:
- Q1 EPS of $0.49 beats by $0.35.
- Revenue of $173.3M (+5.9% Y/Y) beats by $0.67M.

seekingalpha.com/new..._35-beats-on-revenue

That's a likely favorable risk/reward trade. For long positions, I'll pinpoint my entry using the 5 or 15-minute chart.

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