3 Charts to Watch This Earnings Season

Harry Boxer  |

Image: Winnebago Industries

Here are three stocks on the move, two ahead of earnings and one following a better-than-expected release.

Digital Turbine, Inc.(APPS)] climbed 19 cents to $6.98 on 1.6 million shares Wednesday. The move comes ahead of the expected November 4 earnings release by the company, whose software platform connects mobile operators and OEMs with mobile advertisers. The stock, which earlier this week broke out of a nearly 2-month declining wedge, tested lateral resistance intraday before backing off. A move through that $7.30-.35 resistance level could take it to our next target of $9.25.

InMode Ltd.(INMD)] jumped 99 cents to $30.81 on 1.2 million shares Wednesday. The move, which comes ahead of the expected November 5 quarterly report by the maker of aesthetic medical products, continued the stock's 3-day advance, which has taken it to a new high since its August IPO. The stock is right up against the top of its rising 1-month channel, while the larger up-channel points to a target of around $40.

Winnebago Industries, Inc.(WGO)], which we highlighted in last week's article when the stock was trading just above $40, popped $6.50, or 15%, to $49.24 on 2.6 million shares Wednesday. The move, on more than 5x its average volume, followed the company's release of better-than-expected earnings and revenue. The stock is now above a key resistance level from its June 2018 high, and the rising channel off its December 2018 low points to $52 next. A move through there could be followed by a retest of the all-time high near $57.

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Equities Contributor: Harry Boxer

Source: Equities News

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer. The author of this article, or a firm that employs the author, is a holder of the following securities mentioned in this article : None

Companies

Symbol Name Price Change % Volume
APPS Digital Turbine Inc. 7.96 -0.11 -1.36 2,443,496 Trade
WGO Winnebago Industries Inc. 48.48 -0.08 -0.16 365,150 Trade

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Symbol Last Price Change % Change
AAPL

     
AMZN

     
HD

     
JPM

     
IBM

     
BA

     
WMT

     
DIS

     
GOOG

     
XOM

     
BRK.A

     
FB

     
JNJ

     
WFC

     
T

     
NFLX

     
TSLA

     
V

     
UNH

     
PG

     

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