Long
II-VI Incorporated Stock Coming Off A Candle Over Candle
II-VI Incorporated stock is trying to put in a candle over candle reversal on May 4th, 2015. The hourly chart shows it's struggling with forming this 2 day reversal pattern.
Year to date margin performance remained strong and book to bill ratio increased to 1.07 with strong bookings from Photonics.
The EPS forecast was just raised from $0.24 to $0.25. I think it could be the start of several hikes to the EPS forecast after the +191.7% quarterly EPS growth (yoy).
Source: guerillastocktrading.com/stocks/ii-vi-incorporated-stock-rising-eps-forecast/
Year to date margin performance remained strong and book to bill ratio increased to 1.07 with strong bookings from Photonics.
The EPS forecast was just raised from $0.24 to $0.25. I think it could be the start of several hikes to the EPS forecast after the +191.7% quarterly EPS growth (yoy).
Source: guerillastocktrading.com/stocks/ii-vi-incorporated-stock-rising-eps-forecast/
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