The prodigal son continues to deliver and a great earnings to add, with a 17% increase on earnings and a positive guidance. In our last update we mentioned that a pull back will be healthy regardless of the outcome from the earnings, as long as it wasn't a bad report, so a pull back here would be very good and I will add if we can get close to the blue line again for support.
After the earnings released yesterday, this went all the way up to the 200 Day MA at $76, a massive jump from $60 at the start of May.
Gareth Neary
2023-05-24 19:11:43 +0000 UTCCraig
2023-05-24 18:59:21 +0000 UTC