Earnings report after the close today. It is difficult to see any other trend here apart from downward on the chart, the bull case can only be considered outside of the channel. Fundamentally this is a mixed bag, with a PE of 2.5 and Fwd PE of 7.1...but declining quarters, the market will be looking for a positive guidance for the quarters, if they can deliver this, this could turn around quickly and very positively.
Yoko Yu YYKK #4204
2023-07-05 15:28:43 +0000 UTC