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.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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