Preparing for this weeks earnings! - GES (Guess?)
Earnings: Wednesday after close
Technicals: STRONG BUY
Zacks Rank: Buy
1 yr: Seems to trade very horizontally
3 yr: Bottomed out at $9.56 in 2017. Considering it is $22.81 now, that's pretty good recovery.
It jumped March 19th, 2018:
Why?
Looking at old news articles, it soard 28.3% after they announced their Q4 earnings.
Revenue is expected to jump yty +22.6%
it is tradinga bove the VWAP
It is considered way oversold on the RSI (Might be a bug on TOS)
Action: BUY CALL or BULL SPREAD
Technicals: STRONG BUY
Zacks Rank: Buy
1 yr: Seems to trade very horizontally
3 yr: Bottomed out at $9.56 in 2017. Considering it is $22.81 now, that's pretty good recovery.
It jumped March 19th, 2018:
Why?
Looking at old news articles, it soard 28.3% after they announced their Q4 earnings.
Revenue is expected to jump yty +22.6%
it is tradinga bove the VWAP
It is considered way oversold on the RSI (Might be a bug on TOS)
Action: BUY CALL or BULL SPREAD
They missed their earnings by 7% causing their stock to fall more than 13% during after hours.
Leading up to earnings, the stock kept falling and falling.
Earlier today, there was a tumble due to investor caution on the trade wars because FDX was down