HRB will release after market close tomorrow with estimated earnings boasted at 5.22. This is a whopping 39.9% increase from 3.75 actual earnings last year.
Just like last year, we can expect huge volality on Wed 06/13.
TA wise, to the down side, HRB is hitting the daunting yellow trendline. It's also wandering inside the resistance yellow region which it failled to break out the last 2 times, but now with the addition of the heavier burden of the yellow trendline mentioned.
Other than these 2 clues, I can't get a consistent wave count.
So this is the very unique time when the price movement will be completely determined by the earnings release. But if I have to speculate, I'll go with the downside.
2 confluent resistances to break and 39.9% increase in earnings to beat! No kidding!
Just like last year, we can expect huge volality on Wed 06/13.
TA wise, to the down side, HRB is hitting the daunting yellow trendline. It's also wandering inside the resistance yellow region which it failled to break out the last 2 times, but now with the addition of the heavier burden of the yellow trendline mentioned.
Other than these 2 clues, I can't get a consistent wave count.
So this is the very unique time when the price movement will be completely determined by the earnings release. But if I have to speculate, I'll go with the downside.
2 confluent resistances to break and 39.9% increase in earnings to beat! No kidding!
Nota
Dagangan ditutup: sasaran tercapai
closed at 24.5
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.