Wealthmakers Bullish on Oshkosh Corporation (NYSE:OSK)

Posted by: : Shayne HeffernanPosted on: January 16, 2014 Wealthmakers Bullish on Oshkosh Corporation (NYSE:OSK)

Wealthmakers Bullish on Oshkosh Corporation (NYSE:OSK)

Oshkosh Truck Corp. (NYSE: OSK) is expected to go up as bullish signals have been generated by top equity trading strategies. This trading system is designed to identify high probability reversion to mean trading candidates. It looks to go long immediately following strong sell-offs, and goes short after sharp run ups. Its trades are short term and hone in on the irrational decisions of emotional traders around these extreme moves.

The price of OSK expected to move up in the coming weeks.
Suggested stop level of 47.48 to limit potential trading losses.

SQUEEZETRIGGER predicts that when OSK closes above $32.56, we expect a short squeeze to begin that could quickly drive the price of OSK considerably higher.

VALUATION OSK has a current calculated value of $60.75 which means the stock is undervalued compared to its price of $54.17.

The movement of stock prices in the days and weeks leading to and following these earnings announcements may follow a predictable pattern. Most companies stock price histories show random or unpredictable movements around earnings dates. But some seem to repeat the same pattern quarter after quarter, year after year. The # of Reports in the table below shows how many previous quarterly reports comprise the indicator that predicts how a stock will act after its earnings are released.

Earnings, or profits, drive stock prices. The market values a company based on its current and anticipated future ability to make money. The market takes the earnings pulse of a company four times per year when quarterly reports are issued. When this information is released it can often be a trend-changing or a trend confirming event because the information is so vital to the market’s perception of the vitality of that company.

This technology is designed to help the stock trader identify those companies that seem to have a consistent pattern of movement before or after the earnings release date, based on the history

OSK, currently trading around 54.17 expected to hit $56.57.

The price of OSK tends to move up before earnings report dates.

Of the previous 5 earnings releases, OSK has moved up 100% of the time.

Read the full report at Wealthmakers

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Avatar of Shayne Heffernan
Shayne Heffernan holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.
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