Would-be buyers should wait for a base in the cloud infrastructure company's stock to form before jumping in.
So many companies -- like Netflix, Facebook and Johnson & Johnson -- are not trading on earnings per share, but on factors that are nearly impossible to quantify.
The streaming giant's shares aren't as richly valued as they were for much of 2018 and early 2019. And while risks exist, some recent worries look a little overblown.
We can find both bullish and bearish signals on ACN ahead of earnings this week.
Shares have more than tripled since being written off for dead around Christmas 2018.
The trade involves looking for a new buy entry in the online giant at one of two key zones.
Trading volume in the cybersecurity company's shares was very heavy on their recent decline following a period of aggressive buying.
As Brexit, China trade and other big headlines continue, it's time to look at the fundamentals of Blackberry, Nike and others who report this week.
As cloud giants digest some of their past investments in hardware and chips, they're still investing heavily in growing their data center capacity. That's ultimately a positive for data center REITs and chip suppliers with cloud exposure.
Trading volume has been shrinking from late June, and this is not the picture technical analysts like to see.