I will come back to it after shorting some bubbles, should be a no brainier trade when it is back to the 2nd level.
This setup 80% times bullish ER, However 20% is enough risk for me to not consider ER.
JK ... I will prob end up buying anyways ...arrr but its a gamble XD lets see if $TEAM stock will take a hit tomorrow XD
Today's earnings report jump in the stock has failed to hold, maybe in part to the weakness in the market but still problematic for a stock in need of some stimulus. Earnings beat but margins are down due to heavy spending on advertising and marketing that has a short term adverse effect but will hopefully reap rewards in the future. We will wait and see if...
Last week's analysis suggested that Grubhub could make an attempt to breakout in the form of a cup and handle. However, Thursday's action negated this potential. Instead, it's shaping up as a great short opportunity, especially with earnings being reported this upcoming Thursday (4/25).
If it's true that Q1 earnings are consistently featuring reduced guidance,...
Today's analyst upgrade on Grub will be a welcomed reprieve for investors, hopefully this will give the stock some stimulus and attract some fresh money. the price target is $95 which is considerable upside from its current price of $71. Its a buy on chart indicators.