PD appears to gained momentum and may follow a similar trend line as it did some time back.
Q2 earnings have been forecasted to be too high (-0.09) in comparison to Q1 earnings which were -0.22, so it could set high expectations in the near term and may push the stock higher into 60's, but may fall down if the earnings disappoint in 3 months from now, so I won't be surprised to go short in 2-3 months to bring it back down to 50 or lower ;)
If Q2 earnings end up meeting the target of -0.09, the stock could go well into 65+ range and beyond.
Q2 earnings have been forecasted to be too high (-0.09) in comparison to Q1 earnings which were -0.22, so it could set high expectations in the near term and may push the stock higher into 60's, but may fall down if the earnings disappoint in 3 months from now, so I won't be surprised to go short in 2-3 months to bring it back down to 50 or lower ;)
If Q2 earnings end up meeting the target of -0.09, the stock could go well into 65+ range and beyond.
