Today I alert those interested that-MNR are scheduled to be released 08-03-16.
The question to be answered: Do the strong chart patterns forecast an acceptable 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 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.