Price is inside the structure and remains above the .236 of the trend up since the covid low.
EARNINGS 1-13-23 BMO.
Neutral until broken.
No recommendation
EARNINGS 1-13-23 BMO.
Neutral until broken.
No recommendation
Nota
Analysts have lowered earning expectations' over the last quarter so numbers are soft. I am not sure how long companies can benefit from an earning's beat when the numbers are made "beatable" by analysts but I guess this can go on until folks notice it?Analysts are lagging indicators, but at times they do influence the market.
Upgrades, downgrades, manipulation of earnings numbers, I could go on.
I try my best to ignore analysts ("
Nota
I need to know the exact point of the break up or the break down to guesstimate exact targets, but these are close. I will update when triangle breaks.Nota
There are rising wedges well below price, but these are not valid until price reaches down for them. The over-supply dwelling in the rising wedge will kick in as a rule when the level is met. The lower line is support and is why this pattern is not valid until this line is broken.Nota
Broken and earnings are not positive by most analysts, but I do not trust them anyway..so who knows.Nota
I guess I never told you how happy you were mine.I guess I just never took the time )o:
Nota
1-18-23
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