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Investing Ahead of Earnings: Blackberry, GameStop and Lululemon

NEW YORK (TheStreet) -- Today, we preview eight companies reporting earnings after the closing bell today through before the opening bell on Friday. We crunched the numbers to help you decide if and when to invest. See the Crunching the Numbers' table following these profiles.

BlackBerry (BBRY - Get Report) ($9.36, up 25.8% YTD): Analysts expect the smartphone provider to report a loss of 56 cents a share before the opening bell on Friday. The stock traded at an intraday multiyear low at $5.44 on Dec. 10, and then rebounded to its 200-day simple moving average at $10.19 on Jan. 21. Since then, the stock has been trading back and forth around the 200-day SMA as the average has declined to $9.10. The trading range has been between a low at $8.92 and a high at $10.90.

This is an important earnings report because BlackBerry will have a negative weekly chart given a close this week below its five-week modified moving average at $9.27. Weekly and monthly value levels are $8.99 and $6.88 with the 200-day SMA at $9.10.

Finish Line (FINL) ($27.30, down 3% YTD): Analysts expect the sneaker retailer to report earnings of 85 cents a share before the opening bell on Friday. The stock set an all-time intraday high at $28.86 on Jan. 6, and traded as low as $22.99 on Feb. 2. It rebounded to $28.69 on March 21. The weekly chart is positive with its five-week MMA at $26.89. A quarterly value level is $26.59 with a weekly pivot at $27.78 and monthly and semiannual risky levels at $28.67 and $29.64.

Fred's (FRED) ($19.38, up 4.9% YTD): Analysts expect the discount retailer to report earnings of 15 cents a share before the opening bell on Thursday. The stock traded at its 2014 low at $16.55 on Feb. 10, and hit a multiyear intraday high at $21.05 on March 3.

The weekly chart is positive with its five-week MMA at $19.09. A quarterly value level is $16.36 with a weekly pivot at $19.31 and monthly and semiannual risky levels at $19.59 and $19.77.

GameStop (GME) ($37.79, down 23.3% YTD): Analysts expect the video-game retailer to report earnings of $1.92 a share before the opening bell on Thursday. The stock has been below its 200-day SMA at $45.57 since Jan. 14, and it set its 2014 low at $33.10 on Feb. 3. It traded as high as $39.85 on March 17.

The weekly chart shifts to positive given a weekly close above its five-week MMA at $38.44. My semiannual value level is $33.36 with a weekly pivot at $37.30 and a semiannual risky level at $39.50.

Lululemon (LULU - Get Report) ($47.99, down 18.7% YTD): Analysts expect the yoga-inspired athletic apparel retailer to report earnings of 72 cents a share before the opening bell on Thursday. The stock has been below its 200-day SMA since Dec. 11, and traded as low as $44.32 on Dec. 5. It has been trading around its 50-day SMA at $48.62 since Feb. 26.

The stock gapped below its 200-week SMA the week of Jan. 17 with that average now at $55.25. The weekly chart is neutral with its five-week MMA at $49.66 and a flat stochastic reading. A weekly risky level is $49.60 and its monthly risky level is $58.43.

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SYM TRADE IT LAST %CHG
BBRY $9.80 -2.29%
LULU $59.79 -2.35%
AAPL $130.28 -1.14%
FB $79.19 -1.19%
GOOG $532.11 -1.42%

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