Risky to trade before earnings but it is waving a flag (o:
Looks like they hit and they miss so not a sure thing. Plus we never know how the market will respond. They can miss and go up anyway, or beat and still go down..
NV and OBV are both high/short interest on the low side.
Break-away gap noted under price...this type of gap is least likely to fill in the short term but can provide support..
Prior V Bottom, C&H and an ABC bullish pattern..
Not a recommendation..
The market may remain irration as long as we are solvent. Most likely Mr Market will become rational when we are no longer solvent.
Looks like they hit and they miss so not a sure thing. Plus we never know how the market will respond. They can miss and go up anyway, or beat and still go down..
NV and OBV are both high/short interest on the low side.
Break-away gap noted under price...this type of gap is least likely to fill in the short term but can provide support..
Prior V Bottom, C&H and an ABC bullish pattern..
Not a recommendation..
The market may remain irration as long as we are solvent. Most likely Mr Market will become rational when we are no longer solvent.
Note
Did not trade significantly lower after hours even though they missed. They got a pass..for now. S is at 92.53/long term uptrend yet a bit volatile uptrend/next level is 91.44, 89.47 then 85.05
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Disclaimer
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.