ChristopherCarrollSmith

ULH popped above pennant going into earnings

NASDAQ:ULH   Universal Logistics Holdings, Inc.
Investors seem to expect strong a strong earnings result from ULH tomorrow, given the big pop above its pennant today. I'm not going to buy it, however. This breakout comes a little too early in the pennant pattern for my comfort. Also, the big run up ahead of earnings may be setting this stock up for disappointment.
Comment:
So far it's holding yesterday's breakout. Earnings after market close.

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