649bruno
Long

Earnings Vs Chart Patterns: Monmouth Reality-MNR

NYSE:MNR   MONMOUTH REAL ESTATE INVESTMENT CORP CLASS A
12 0 3
Update. Eleven days ago I wrote about the strong technical patterns in-MNR.
Today I alert those interested that-MNR earnings are scheduled to be released 08-03-16.
The question to be answered: Do the strong chart patterns forecast an acceptable earnings release?
The forward P/E is 19.94, the trailing twelve months P/E is 21.32.
What does this mean to you? There had better be growth, or the prospects of growth.
So, after the earnings release, does the uptrend continue?
The technicals suggest yes, but the risk is disappointment in what the company discloses in the release.
To quote Warren Buffet : “Someone's sitting in the shade today because someone planted a tree a long time ago.”

My opinion: remain long. Don.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out