$CLAR - IS IT TIME ? NASDAQ:CLAR - has potential of 15% i believe !
Momentum is strong ... Good Luck !
BDO trade ideas
$CLAR building the bottom of its 3 month base
This is the earliest you will be able to buy a base with defined risk .If we move out from here, this base will probably morph into a cup or cup w/handle.
A promising setup with defined low risk & high potential reward
CLAR (Clarus Corp) - Bullish finish to quarter endClarus Corporation
Clarus Corporation engages in design, manufacture and marketing of outdoor equipment and apparel for climbing, mountaineering, backpacking, skiing and other outdoor recreation activities. Its brands include Black Diamond and PIEPS. Black Diamond Equipment is a manufacturer of active outdoor equipment and clothing for the climbing, skiing and mountain sports markets. PIEPS is a designer and marketer of avalanche beacons and snow safety products. Clarus Corporation, formerly known as Black Diamond Inc., is headquartered in Salt Lake City, UT.
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Current quarter remaining on low expectation of quarter
- Buy opportunity now in place
- Expectation for the price to move to MID or HIGH point
- Trailing stop-loss on price above MID point
GOOD LUCK.
DO YOUR OWN RESEARCH!
The Giant Cup. Clarus CorporationAre we waiting for the handle or is it just a Cup? Over 5 years in the making. My prediction is up.
