Ferrari, Lumentum Holdings & Electronic Arts Present Buy Opportunities
Check out RACE, LITE & EA.
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Ferrari · RACE
Ferrari reported good earnings before the open.
Here is the PIMM Trading System review:
P: Good. In both the daily and weekly charts, the dot is below the price thus acting as support.
I: Good. In both the daily and weekly charts, the price is above the cloud.
M: Good. The value is positive and the lines are sloping upward.
M: Good. The price is above both the 50-day and 200-day moving averages.
Lumentum Holdings · LITE
Lumentum reported good earnings after the close.
Here is the PIMM Trading System review:
P: Promising. In the daily charts, the dot is below the price thus acting as support. In the weekly chart, it should touch the dot tomorrow and move it below the price.
I: Promising. In the daily and weekly charts, the price will be moving its way to the inside part of the cloud.
M: Good. The value is positive and the lines are sloping upward.
M: Promising. The price is above the 50-day moving average and should get above the 200-day tomorrow.
Electronics Arts · EA
EA reported good earnings after the close.
Here is the PIMM Trading System review:
P: Good. In the daily and weekly charts, the dot is below the price thus acting as support.
I: Good. In the daily and weekly charts, the price is above the cloud.
M: Good. The value is positive and the lines are sloping upward.
M: Promising. The price is above both the 50-day and 200-day moving averages.
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Disclaimer: The author is not a financial advisor. The information provided herein is not financial advice and should not be construed as such. This content is intended solely for educational purposes. The author will not be held liable if you decide to used this material as a basis for any financial decision-making. Investing involves risk, including the potential loss of your invested capital. Only invest what you are willing and able to lose.