MMS trade ideas
$MMS with a bearish outlook following earnings releaseThe PEAD projected a bearish outlook for $MMS following a negative under reaction with the stock being placed in Drift D
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MAXIMUS INC. - $MMS - Dip or Falling Knife? $MMS ER miss of $0.02 w/ Revenue miss of -1.5% has dipped pretty nicely. I've purchased 3x 6/15 - $65.00 calls hoping for a rebound.
$MMS is currently below the 255 day Linear Regression Line by more than 1x standard deviation (probably more like >2x stddev).
Price target to sell of $62.70 or so for me. I don't want to ride it down at all on these soon-ish calls.
We'll see if I just caught a falling knife or BTFD'd!