After the market correction $CJ set a new 52 week low with a share price of 22.99. The energy sector has been fairly bearish through January and February which seemed to have helped push the share price even lower. $CJ serves as a prime example of an oversold position.It is also very attractive when looking at its fundamentals relative to its competitors....
Battleground: Morgan sticks by Ambarella after guidance cut, two downgrades The shares of Ambarella (AMBA) are tumbling after the chip maker reported stronger than expected quarterly results but cut its guidance. Two research firms, Craig-Hallum and Roth Capital, downgraded the stock on the heels of the report, but Morgan Stanley remained upbeat on the company's...
Fiesta Restaurant Group stock has formed a Bullish Wedge as it's coming out of oversold on the RSI. A divergence is ongoing between the price of the stock and the EPS forecast. I don't think the divergence will last very long as rising EPS forecast usually translates into a higher stock price fairly quickly. About 60 days ago, the EPS forecast was $0.37. As of...
American Woodmark (AMWD) has had the EPS forecast hiked from $0.55 just 30 days ago, to $0.57 within the last few days. The EPS has increased by +150% quarter over quarter and revenue has been uptrending for 5 years now. The stock has been in an uptrend since June of 2014 and it continues to power higher on the catalyst that improved home sales and remodeling...
The EPS forecast on Methode Electronics (MEI) was just raised from $0.56 to $0.68 per share. The stock is currently pulling back and testing its 23.6% Fibonacci retracement level. The PEG ratio is a smoking hot 0.97, and the P/E is a respectable 14.55. Excellent EPS and revenuw growth. EPS has exploded +132% yoy. Full report: www.guerillastocktrading.com
Advanced Energy Industries is trading in the apex of a Symmetrical Triangle pattern. With rising EPS forecasts, the gambit is a Symmetrical Triangle breakout. There is also a clearly definable stop loss level just below the lower channel wall of the pattern in case the trade goes south. www.guerillastocktrading.com
After not so good EPS and after-hours lower trading+Big Kangaroo tail (inverted hammer) near resistance making a potential double top+MACD debilitating, I think this is a nice short/covered-call/long put trade. Risk:Reward is good. I'd put my first target near classic 50DMA and take it from there. I don't know if this is going to be a meer correction or a...
EPS was te catalyst that put Mitel above 200DMA after testing trendline. This is a great potential LREP
Catalyst = EPS ; broken consolidation zone+RSI above 50+Broken 25DMA & 50DMA. If trendline is broken a clear uptrend would form
BABA continued to go up after close. If EPS is good this is a no brainer. IPO breakout are very powerfull setups
SEM finished above every major MA thanks to EPS. This setup looks nice.
If 200DMA is violated I all in
Momentum stocks keep making new highs. Triquint broke out after eps w/volume weeks after testing 200DMA Benchmark. Technically $27 is price target
If 200DMA is violated then we closed position with MINIMUM LOSS. 200dma CROSSOVER is one of the best long set ups & this one has the fuel of strong EPS
Nice O'nielISH pattern. Technical&Fundamental strenght = 13% price target from Preakout w/perfect entry point.
NICE FUNADAMENTAL & TECHNICAL ENTRY POINT