The earnings date hasn't been confirmed. Last year it was on 11/14.
I suspect that the stock will trade well headed into earnings. Buy dips.
Next week will see higher prices, most likely to $8+.
Also really like Apple calls headed into earnings late this month. I think it could hit $540 after earnings and likely big buyback announcement and dividend hike. Very bullish chart.
Too many recent deals and too many positive catalysts coming to hold the stock back now. Definitely think the stock runs for the rest of the month and quarter. Think we get above $13 by the earnings call in early November, and if everything is on schedule the stock runs to $16+ by Christmas.
First weekly close above the 10 week moving average since early August. Looks like the start of a rally and $12+ looks very possible next week. Can we get $12.62?
The funny thing is that is that I'm fascinated with Solazyme's story and have broken rules by buying too much of even though the chart shows no signs of momentum. There have been severals stocks over the past 20 years like SZYM that I've fallen in love with and lost money by riding them down. I won't do that again, but I always have SZYM near the top of my focus list and keep waiting for that day that it finally takes off. Still waiting.
Using charts is just another tool that can be used to get an edge. If you think SZYM is special and technicals rules don't apply, cool. With that said, I'll compare my 2013 P&L to yours if you want. :)
I traded that one a few weeks ago when it made the big move from $3.50 to $6.50. Nice orderly pullback / bull flag and looks ready for another thrust in the next week or so.
I like DGLY too.