This stock has been chosen as a JUMP candidate for its upcoming earnings catalyst that is likely to move the stock between 5-20% post release. To conduct further research on the financials, analyst views and pivot points visit the Inside Mole research tool. This report is based on our analysis and opinions and the trade plan is how we intend to trade this event. As a self-directed trader you may decide to take a different approach to this event. For details on how we trade these events watch the video below.
Target: FIRBIT, Inc. (FIT)
Earnings Release Date: 5/02/18 (After Market Close)
Position Entry Time: (at or near EOD-end of day)
(** always check in the trade room 30 minutes prior to close for last minute trajectory updates
1 YEAR CHART (For latest news and analysis visit The Insider Mole research tool)
We are overall SHORT for the event, and may do a conservative trade allocation and then go all in when we see the release numbers
(Note: This is an after-market release – today)
TARGET ‘JUMP ZONE’ POTENTIAL: 12-15%
CONFIDENCE RANKING: 8
POTENTIAL OPTIONS CONTRACT: NONE
Click here to go to the research page to review the current financials and analysis of this stock before you place any positions. Just enter the ticker symbol.