- Performance 10Y > Performance 5Y - No long term dips in performance
- Performance 5Y > Performance 1Y - No short term dips in performance
- SMA(300) < Price - Price above moving average
- SMA(200) < Price - Price above moving average
- Avg Volume 10D > 100K - No lightly traded stocks. Liquidity needed
- SMA(200) >= SMA(300) - Stacked long-term simple moving averages
- SMA(50 >= SMA(200) - Stacked mid-term simple moving averages
- ROE, Trailing 12 Months > 0% - Improving ROE (Return on Equity)
- PE increasing quarter-over-quarter
With their entire focus being redirected to the US market, and their numbers showing the benefits of this new focus, they have a fighting chance to be a solid pick for the next few years.
EPS and ROE have gained in the last quarter, but there is some overhead resistance right now based on the free TradingView Indicator Magic Order Blocks [MW].
Oh, and they’ve been winning a lot of awards and recognition on the technology front, including a nod for their Chief Product and Technology Officer, Dan DeMeyer, being named a 2024 Vanguard at the beginning of the year, by Modern Retail.
My analysis shows that there is an expected 23% move because of the earnings events based on implied volatility. But the IV is so large, the movement over the last few trading days might take the wind out of the sails of today's announcement. Unless, of course, there's a miss. In which case, bulls might get smashed.
This is a slightly riskier play, considering the IV going into earnings, but could be a big winner if
Or, I could be wrong. 😕🤔
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mwright.com
"Trading Advice for Losers" Email Newsletter
"Trading Advice for Losers" Email Newsletter
Related publications
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.