KORS GILD and DIS Reacting to the Earnings Reports
February 7 was the Earnings Report date. Here are the three stock charts showing their reactions to the earnings reports respectively.
From the two charts above, you can see that stocks (KORS and GILD) with a downtrend indicated by AbleTrend with red bars were hit hard on the unfavorable earning reports.
From the chart above, stock (DIS) with uptrend indicated by AbleTrend with blue bars holding well with the unfavorable earning reports. It even became an opportunity for traders and investors to “buy the dip”.
Identifying the trend is important in trading and investing. AbleTrend helps you to distinguish uptrend vs downtrend by color, blue bar and blue dots indicates uptrend and red bar and red dots indicates downtrend.
With Warm Regards
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