Rackspace Racks Up Big Gains as Nordstrom and Tiffany Glitter
NEW YORK (TheStreet) - Today we crunch the numbers on eight stocks that had strong upward momentum since we profiled them before they reported their quarterly earnings earlier in the month.
Rackspace Hosting (RAX) was the biggest winner post-earnings after being a big loser pre-earnings year to date.
All eight had post-earnings gains and today's trading guidelines are provided in the two "crunching the numbers" tables that follow.Autodesk (ADSK) ($52.47), up 8.6% since May 13. It traded at a post-earnings high at $52.74 on May 27. The weekly chart is positive with its five-week modified moving average at $50.07. Semiannual value levels are $50.24 and $49.35 with a monthly risky level at $57.83. Cisco Systems (CSCO) ($24.71), up 8.1% since May 13. It traded as high as $24.88 on May 17. The weekly chart is positive with its five-week MMA at $23.60. Annual and semiannual value levels are $23.38 and $21.96, respectively, with a weekly pivot at $24.50 and an annual risky level at $26.76. Dollar Tree (DLTR) ($53.17), up 4% since May 20. It traded as high as $54.50 on May 22 vs. its 200-day simple moving average at $54.56. The weekly chart is positive with its five-week MMA at $52.46. Weekly and annual value levels are $51.79 and $40.89, respectively, with quarterly and monthly risky levels at $54.95 and $56.02, respectively.