Jump Report
| Avg Daily Volume: 12,942,127 Market Cap: 111.36B Sector: Technology Short Interest: 2.4 |
EARNINGS EXPECTATIONS:
CONSENSUS EPS: .79/share REV: 2,200/M
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LAST QTR: EPS: .80/share ESTIMATED: .75/share (BEAT)
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NEXT QTR: EPS: 1.11/share REV: 2,540/M
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FY19: EPS: 5.30/share REV: 11,120/M
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*These are the base metrics we will be watching against the actual release numbers
BEAT/MISS HISTORY: 55% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (3 QTRS %) 6.04, -20.14, -5.32
POTENTIAL JUMP MOVE: 9-11%
Links To Latest News and Headlines
Qualcomm Inc. (NASDAQ:QCOM) is one of the 10 Stocks Entering June in the Wrong Direction. Qualcomm snapped a two-day winning streak on Monday, shedding 8.78 percent to finish at $228.99 apiece, as investors resorted to profit-taking following the previous trading day’s record high, while digesting the impact of Nvidia Corp.’s foray into the devices market. […]
Fluence Energy Inc. (NASDAQ:FLNC) is one of the 10 Stocks Entering June on Fire. Fluence Energy saw its share prices climb by 43.80 percent on Monday to close at $27.15 apiece, as investors cheered its increasing role in the artificial intelligence sector with its role in the development of a next-generation platform to support the […]
AMC Entertainment, Fluence Energy, and Hub Cyber Security were among the market’s top gainers on Monday, posting double-digit growth.
SK Telecom Ltd. (NYSE:SKM) is one of the 10 Stocks Entering June on Fire. SK Telecom soared to a new four-year high on Monday, after being named as a key partner of Nvidia Corp. in the development of a semiconductor company’s digital twin using its 3D virtual design platform. In intra-day trading, the stock surged […]
Wood’s ARK funds also trimmed their stakes in TSMC and Teradyne.
Analysis and trade direction are uploaded generally between noon and 1pm EST for most events. ALWAYS check back near market close for updates as the analysis can change by end of session.
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ANALYSIS:
Stockjumpers trajectory analysis reveals a positive market reaction to the target’s release news. We see a pop in price post release based on a beat and higher than expected guidance. This stock has soared over the years but the last few quarters the price has dropped and was certainly overbought. We think this quarter will look different – though perhaps not a huge move.
We are LONG on this event
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TRADE PLAN:
ENTRY: BUY – end of day
STOP LOSS: 5%
TAKE PROFIT: 8%
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UPDATE: (2:40PM) We remain biased long on this event.
POST RELEASE ACTION:
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NOTE: There is a significant amount of data behind the scenes in getting to the analysis in the tab above. Too much information for traders only confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory.