Mar. 26 at 7:39 PM
Pre-market earnings dropping Thursday —
$CMC,
$DBI,
$SCVL,
$RMTI,
$XXII all reporting before the bell. 👀
$CMC sitting at
$62.41, hugging its SMA 200 at
$62.24 — that's your line in the sand. RSI 35, down 15.84% in a month. Earnings could be the catalyst that breaks it either way.
$DBI at
$5.43, up 3% today but down 28.65% QTR — RSI 36, trading well below SMA 50 at
$6.70.
$SCVL at
$17.87, P/E 8.50 — cheap if numbers hold.
Watching
$CMC hard at that SMA 200. A miss and it breaks — gap fill risk is real.
#Earnings #StockMarket #Trading
