Long
What's the trajectory, probably up?
Earnings tomorrow CMF and RSI have been rising indicating buying has been occurring as of late. Announcing pre-market tomorrow, so will be watching for further positive movement today. Withing two weeks of all of the last four earnings announcements the stock has seen positive gains, highlighted the last one in green, due to the jump it took after being negative initially. Even though I have a long bias, negative movement could break support. Positive results look like they are set to receive continued upward movement.
PS. Prior earnings with positive moves have been preceded by down days, showing an inverse relationship, that holds true for earnings releases that had prior up days resulted in negative movements due to the release.
PS. Prior earnings with positive moves have been preceded by down days, showing an inverse relationship, that holds true for earnings releases that had prior up days resulted in negative movements due to the release.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.