CalAmp Corp (CAMPQ)

[Prince_among_thieves]

Negative earnings q1, cant expect Wall Steet to be kind when you got the dow hititng 14000+, the market will reward the winners and punish the ones who disapoint.

On a technical note 3.55 is key point if it can form a higher double bottom then we might have intermediate conformation for a bottom. If not since little support below, could be ugly to 1.70-3 range, before bottom is seen. Another support is at 3.31. We are in now 3 yr low territory. I use stop losses here, and have no position at this time. I will wait to i think its bottom before or if re-entering.