Long
SRCI - On Watch for a Long
Higher lows, but not higher highs yet. I have an alert set for $5.11 and if it breaks, I will buy. Double bottom pattern in place with nice consolidation. Earnings positive. Actually I may pick up some shares here, but would be pure speculation and outside of strategy.
From Yahoo Finance- Feb. 20th
SRC Energy (SRCI) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.23 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 7.14%. A quarter ago, it was expected that this oil and gas company would post earnings of $0.24 per share when it actually produced earnings of $0.26, delivering a surprise of 8.33%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
From Yahoo Finance- Feb. 20th
SRC Energy (SRCI) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.23 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 7.14%. A quarter ago, it was expected that this oil and gas company would post earnings of $0.24 per share when it actually produced earnings of $0.26, delivering a surprise of 8.33%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Trade active
check out that volume, looks like accumulation to me.Trade active
Stop to $4.79 -10 day lowTrade active
Trailing stop to $5.45Trade active
Stop = $5.97Trade closed manually
Closed position ahead of earnings. 3R win.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.