Earnings are 9-20 After market closes.
Possible Bullish bat if price does not go much lower than the .886 fib level. A little bit is okay, but over a buck or so can turn this in to a different pattern like a double bottom etc. So if price goes much lower than 95.85, then a double bottom would be approximately 94ish, so not a huge difference.
This is a guess. Sometimes that is the best we can do as the future is an unknown variable.
Trading close to earnings is risky. I like the stock, and I think they will beat the numbers. It is the reaction to the numbers that count though.
No recommendation.
This was trading in a cup and handle pattern that was corrupted )o: The handle low has gone too far past mid cup at this point.
Possible Bullish bat if price does not go much lower than the .886 fib level. A little bit is okay, but over a buck or so can turn this in to a different pattern like a double bottom etc. So if price goes much lower than 95.85, then a double bottom would be approximately 94ish, so not a huge difference.
This is a guess. Sometimes that is the best we can do as the future is an unknown variable.
Trading close to earnings is risky. I like the stock, and I think they will beat the numbers. It is the reaction to the numbers that count though.
No recommendation.
This was trading in a cup and handle pattern that was corrupted )o: The handle low has gone too far past mid cup at this point.