I’ll Bite
A long term dog that has disappointed over the years has an interesting set up. The company must be poorly managed (at least in the past) because the valuation is hard to believe, given that they are suppose to have quality, industry leading products. The current set up is an inverse H&S bottom. Earnings are coming out after the close today. I have no idea what to expect but the chart says it should pop?Technicals say buy, fundamentals say undervalued but I don’t understand how they never seem to make money over any extended period of time. I’ll bite on AVID, but keeping it on a short leash!
Yesterday just partnered with MS…so they got that going for them…https://www.youtube.com/watch?v=X48G7Y0VWW4
Supporting the Chartsmaster big time – long term chart … quite a “Bowl”…
And there is positive activity behind the scenes?
I’m in 🙂 Thanks Chartsmaster… AVID Technology, a sleeper in the ruff.
Your welcome Hearst. Sorry, I only saw the first part of your comments originally. Loved the puns! I messed up on the earnings release it is actually today after the close. Good luck.