Its in consolidation. It is forming a bullish flag pattern with a measured move of $1. If the earnings are good this will probably pop to $6.50 - $6.90. If the earnings are bad....this can drop to the 200dma @ 4.95
First off, it has gone up 20% since the announcement of earnings. It is hard to judge what will happen.
Likely great earnings. The only possible negative (short lived) would be dilution, but that would likely be to acquire a company. I don't see much downside at all. I know we all get in a rush to make money, but hold the course. Let this thing continue to go up and we will all be happy.
Nothing is certain until it's reported. Anything can happen, even though the positive outweigh the negative. Plus, we just came from the 3's in less than a month. I'm looking for their forward guidance on Monday, that will hopefully allow us to break thru 6 and march toward double digits.