1. What are the two key mistakes beginners make in reading trends?  2. Which “key” chart pattern reveals a top or bottom is near?
3. What are the most reliable chart patterns? 
Answer these questions and many more with your FREE 10 day trading course

Petmed Express (PETS) Poised for Breakout After Earnings

Posted By Tate Dwinnell |  Subscribe in a reader | Comment 0

With earnings season ramping up I’ll begin highlighting leading stocks moving both up and down following their earnings reports. 

UP

• PetMed Express (PETS) Specialty Retail, fundamental rank [25/30],  up 6%, still carving out handle of a large base but appears ready to make a break out move any day now

DOWN

Astec Industries (ASTE) Farm & Construction Machinery, fundamental rank [25/30],  down 22%, taking out all levels of support today with record volume

Schering Plough (SGP) Drug Manufacturers – Major, fundamental rank [26/30],  down 13%, took out support of 50 and 200 day moving averages but still has support of an upward trend line

More on this topic (What's this?)
Mr. Market Hammers PetMed
(PETS) PetMed Still Underperforms
Read more on PetMed Express at Wikinvest

Filed under Company Earnings by

Permalink Print

Leave a Comment