Click chart for larger view. See multiple arguments below.
Multiple Arguments:
- News
- Sohu.com reports Q2 EPS $1.21 vs. consensus $1.06 Reports Q2 revenue $198.7M vs. consensus $190.78M. Exceeds high-end of guidance by 3c and $5.7M. Major Contra Argument with the stock not up in a 1.255 overnight gap in the S&P Futures
- Level II Refresher
- Sellers entering heavily during first resistance $90 break.
- Momentum Trend
- Good momentum, strong volume spike around failed $86 support level
- Falls past $90 support level
- Fills gap up with trend of lower highs, signaling reversal
- Relative Weakness
- plus to minus on the bell after solid quarterly #'s. Apparently the inline guide was not enough and these levels are priced in.
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