jembrown

$GH at juncture: earnings week

Long
jembrown Mis à jour   
NASDAQ:GH   Guardant Health, Inc.
8/6 earnings -

Thesis:
Price action reveals too few bear signals = good gamble on bullish pivot post-earnings

Last session:
-profit takers sold earnings announcement 8.6.
-buyers stepped in near yearly top, confident of earnings risks

Last few months:
-6wks compact range consolidation near ATH
-volume decline, seller absorption
-secondary offering absorbed, price climbed and held
-complete 4-month cup and handle formation

Transaction en cours:
GH murders earnings....

Holding Sept. calls for some additional run-up
Clause de non-responsabilité

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