dorfmanmaster
Long

Moog Strong Pullback

NYSE:MOG.A   MOOG INC
Fundamental analysis
MOG.A dropped 15% in 2 days, after beating earnings , revenue, and reaffirms FY19 EPS guidance.
Analyst lowered price target from $102 to $92


Technical analysis
  • OBV did not fall below it's high since late June.
  • RSI (10) @30.5, not wanting to go into oversold territory.

*Note:
If the stock market rallies tomorrow with the fed announcement to cut rates. This stock will probably too.
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