NASDAQ:ZUMZ is setting up a 4 month cup and handle chart pattern with $31.50 acting as chart pattern resistance. The stock will face some resistance at pre-Covid 19 high around $36 and if cleared should head higher to target the $42 level chart pattern price target, which is also the highs from 2012 and 2015.
Earnings details - Source Investorplace
Zumiez (NASDAQ:ZUMZ) earnings for the clothing company’s second quarter of 2020 have ZUMZ stock soaring higher after-hours Thursday. That comes after reporting diluted earnings per share of $1.01 on revenue of $250.39 million. Both of these are better than Wall Street’s estimates of 33 cents per share and revenue of $234.21...
Zumiez reported better-than-expected earnings, and as a result, analysts have been revising the earnings outlook upward. I'm targeting about $37 per share for my exit based on the current earnings forecast. Zumiez rocketed after the earnings announcement, but has been dropping since. I've identified four possible bounce levels; we're already at the first. Scale in...
Zumiez blew past earnings last night coming in .15 cents above consensus. The company also beat on revenue and raised full year results.
Zumiez also issued a $100 Million stock repurchase program through 2020.
Charts look great, PMO, MACD and RSI are turning up, POSITIVE.
Looking for a new 52 week high soon.
The stock was trading upwards of $55.00 a share a...
Both a fundamentally strong company with a great balance sheet and internal growth. A omnichannel play that has acceptional margins. This is a long term play. Peter lynch junkies eat your heart out
These are small to medium cap stocks that show profits, have at least moderate volume, cost less than $50 and of course show that the short term MA has crossed above the 50 moving average
With Gann, Fib and Support lines.
MACD shows more selling. not much volume to support the previous Bullish Wick on 8/15/16, so it has to retest those levels before going up.
Short term swing opportunity on ZUMZ.
Just broke out of 9 month downtrend with a 3 month base.
Weak fundamentals, so short term trade
Trade targets on chart
Zumiez, Inc. engages in retailing of apparel, footwear, accessories, and hardgoods for young men and women. It offers hardgoods including skateboards, snowboards, bindings, components, and other equipment under the brand names Zumiez, Blue Tomato, and Fast Times brands. The company was founded by Thomas D. Campion in August 1978 and is headquartered in Lynnwood, WA.
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