OTTR just completed a 7-month cup with handle pattern, triggering a buy at the $70 mark.
The fundamentals are incredible for this company. Sales are growing at 40% per quarter and earnings are up by triple digits.
It meets all 9 of William O'Neil's CANSLIM scan criteria, and even has bullish 2023 estimates from analysts.
There is a risk, however. First and foremost, the company is scheduled to report earnings today (8/1/22) after the close. Traders will have to decide whether to try their luck pre-earnings or wait until after the numbers come out.
The fundamentals are incredible for this company. Sales are growing at 40% per quarter and earnings are up by triple digits.
It meets all 9 of William O'Neil's CANSLIM scan criteria, and even has bullish 2023 estimates from analysts.
There is a risk, however. First and foremost, the company is scheduled to report earnings today (8/1/22) after the close. Traders will have to decide whether to try their luck pre-earnings or wait until after the numbers come out.