5/05/2021 Watchlist Charts
5/5 Wednesday Watchlist
$LYFT – Lyft shows more signs of pandemic recovery with revenue up 7% over last quarter. Revenue: $609 million vs. $558.7 million estimated. Saw some nice price action after hours. On watch for a break and hold over 61 for further continuation.
$Z – Zillow’s Earnings Smashed Forecasts as Housing Market Strengthens, decent gains after hours. Revenue: $1.2 billion vs. $1.1 billion estimated. Zillow’s first-quarter results exceeded expectations and showed their momentum toward delivering a seamless, end-to-end real estate transaction. Watching for a break above 130 for further continuation to 133+.
$BGFV – Achieves Record First Quarter Sales and Earnings Results. EPS of $0.96 vs previous guidance range of $0.47-$0.53. Ended FY2021 Q1 with $100.1M in cash and 0 debt. Increases Quarterly Cash Dividend by 20% to $0.18 per Share. Declares Special Cash Dividend of $1.00 per Share. Watching for a break above 25 for further continuation.
$NGA – Senate Democrats propose $73B to shift U.S. to EV transit buses, NGA had a nice move AH.Watching for a break above 20 for further continuation to 22+.
$RYN – Earnings on May 6th. RYN is a Lumber company. Lumber prices have blown up during the pandemic. RYN chart showing a bull pennant. May break out on earnings. Watching this one closely for a break above 37 as well as the pennant.