I’ve added a new section that will highlight some of the more notable earnings reports for the following day. This is the first post for this section and on tap for tomorrow are reports out of Walgreens (WAG) at the market open and a report from Sonic Corp (SONC) after the bell. I will include a thumbnail image of the information that can be found in the SelfInvestors Breakout Tracker database for each stock which can be found below (for more information on this database and the information in the various columns, please have a look at this page). At times I may include charts, time permitting.
(click the image for larger look)
Walgreen’s and Sonic are two very consistent companies with solid fundamentals.
It appears the base that Walgreen’s has been forming over the past couple months is on the verge of breaking down and looks like its on the verge of a much larger move down. As for Sonic, it’s been carving out a decent double bottom base and is working on carving out the right side.
Filed under Company Earnings by Tate Dwinnell
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