Otter Tail Corporation
Panjang

OTTR - Cup with Handle Breakout

155
OTTR just completed a 7-month cup with handle pattern, triggering a buy at the $70 mark.

The fundamentals are incredible for this company. Sales are growing at 40% per quarter and earnings are up by triple digits.

It meets all 9 of William O'Neil's CANSLIM scan criteria, and even has bullish 2023 estimates from analysts.

There is a risk, however. First and foremost, the company is scheduled to report earnings today (8/1/22) after the close. Traders will have to decide whether to try their luck pre-earnings or wait until after the numbers come out.

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.