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SMPL (Simply Good Foods Company) - Bullish Quarter

Long
NASDAQ:SMPL   SIMPLY GOOD FOODS COMPANY
The Simply Good Foods Company

The Simply Good Foods Company product portfolio consists primarily of nutrition bars, ready-to-drink shakes, snacks and confectionery products marketed under the Atkins(R), SimplyProtein(R), Atkins Endulge(R) and Atkins Harvest Trail brand names. The Simply Good Foods Company is based in Denver, United States.

Analysis/Commentary
EPS and Sales Growth Y-on-Y

Based on the study of the previous quarterly earnings reports and subsequent price moves:
- A dip below the LOW point following earnings report may have given an entry opportunity
- We have a second opportunity approaching, Slow Stochastic and price in a downward trend
- Entry should be on the turn of Stochastic
- Expectation for the price to move to MID or HIGH point
- Trailing stop-loss on price above MID point

GOOD LUCK.
DO YOUR OWN RESEARCH!

Comments

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