Pool Corporation is the world's leading independent distributor of swimming pool equipment, parts and supplies, and other backyard related products. The company operates over 300 locations worldwide with more than 3,400 employees through three networks: SCP Distributors LLC, Superior Pool Products LLC, and Horizon Distributors Inc. Pool Corporation distributes non-discretionary pool maintenance products, such as chemicals and replacement parts; discretionary products, such as packaged pool kits, whole goods, irrigation and landscape products, including a complete line of commercial and residential irrigation products and parts, power equipment for the professional landscape market; specialty products, which include light fixtures and built-in BBQs; and golf irrigation and water management products.
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Super Bullish Heiken Ashi chart
- Anticipation for this to continue, despite likelihood of short term consolidation
- Expectation for the price to move to MID-TAREGT after which $550+ would be next!
- Trailing stop-loss on price above MID point
GOOD LUCK.
DO YOUR OWN RESEARCH!
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Super Bullish Heiken Ashi chart
- Anticipation for this to continue, despite likelihood of short term consolidation
- Expectation for the price to move to MID-TAREGT after which $550+ would be next!
- Trailing stop-loss on price above MID point
GOOD LUCK.
DO YOUR OWN RESEARCH!