Risking it for a biscuit. Earnings report tonight after the bell
DXC are reporting tonight.
Looking at tonight’s price action pre report, price has been rising and on the 5 min time frame higher highs and higher lows have been formed.
On the longer timeline it has underperformed but is now clearly at major support.
A break above the channel should have considerable upside, if results are good this could be the catalyst, obviously it could also go the other way.
Expected earnings $0.82 Billion. Expected revenue $3.36 Billion. Not too shabby
Looking at tonight’s price action pre report, price has been rising and on the 5 min time frame higher highs and higher lows have been formed.
On the longer timeline it has underperformed but is now clearly at major support.
A break above the channel should have considerable upside, if results are good this could be the catalyst, obviously it could also go the other way.
Expected earnings $0.82 Billion. Expected revenue $3.36 Billion. Not too shabby