The bullish DailyPlay for Wednesday, October 14th is Qorvo Inc (QRVO). QRVO has experienced a 12.4% gain over the past month and its 1M and 6M trends turned bullish on September 28th.
- Strong earnings growth of 151% from the previous quarter.
- Reasonable debt to equity with strong cash flows that are covered by operations
- Earnings Nov 4 (21 days).
- Pullback after strong rally to a previous support provides an attractive long opportunity.
- Both 1M and 6M trends are bullish
- Very strong relative strength, technical score (9 out of 10)