If earnings are perceived as relatively good to the shareholders then the share price will most likely catapult through the almost-year-old resistance trend line. If earnings are perceived as bad to the shareholders then earnings will most likely move towards the bottom resistance line (Most likely to happen). Before making a position I would wait until after...
RBLX decline was fast and brutal. but like many names it has based and turned higher. I have no position and will stay that way until earnings are released. A break of the orange line is needed for me to have upside conviction.
In the most recent two-quarters, DUOL has sold off ahead of earnings and then rebounded sharply after reporting earnings beats. Coming into this quarter price action is reversed. DUOL has experienced a strong rally from a quarter ago, clocking in over a 50% gain from the lows of their Q1 2022 earnings in May. This bullish short-term momentum might just be stomped...
Earnings are scheduled to be announced on the 28th for ACI.
Very poor technical setup for ACI, anything less than a phenomenal earnings report should send the stock tumbling down to support at the 21 level. I'm entering a short on ACI as soon as I see a retest of 26.00 and then a follow-up confirmation of lower price action.
Ferrellgas Partners FGP delivered third-quarter fiscal 2019 adjusted earnings of 21 cents per unit, which beat the Zacks Consensus Estimate of 14 cents by 50%. The partnership generated earnings of 11 cents in the prior-year quarter.
Total Revenues
In the quarter, Ferrellgas Partners’ total revenues amounted to $480 million, down 7% from $516 million in the...
