Malibu Boats just got some big analyst upgrades on the strength of upward earnings revisions. It's been in a gentle upward channel, but I actually think it could break out and establish a steeper upward channel leading up to earnings in September. Watch for the upside channel breakout and then buy the pullback.
As always, this does not constitute investment advice, just an idea as to how the market will move. Full disclosure: I know the founder of this company.
As always, this does not constitute investment advice, just an idea as to how the market will move. Full disclosure: I know the founder of this company.
Nota
MBUU is down today and broke the preliminary upward channel I had charted for it.I'll go long at about 36.25, if it gets that low.
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Here's an alternative upside scenario.Nota
MBUU doesnt appear to be respecting my alternative upward channel either. Looks like it's down to the bottom of the yellow channel for MBUU.
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.