Replies to post #20108 on Capstone Green Energy Corp (fka CGRNQ)

[Schweinemeister]

EOQ Report...what are we thinking here? Last quarter a disapointment, but backlog was promising. Unfortunately backlog was promising the quarter before. Is there any consensus re: estimates of revenue, EPS or the like that are expected (analyst). Are these attainable? This consolidation would come to an end if the quarter is a home run and interest stays elevated. Otherwise a blip up and shorted back to an old support level. However, if another quarter like the last two it'll go south again, especially if the story stays the same. Thoughts?

[Wild-bill]

FWIW, regarding consolidation

Well, another day sideways and it does look like consolidation. I like this because it looks to me like the inverse C & H is now off the table. It started a nicely-formed handle but went sideways from that point rather than completing.

Whew!

So short-term, my concern is behavior within the descending trading channel and the long-term rising support, which is above the channel's descending support and below the current prices lows. I'm hoping to see that support honored when the support intersects prices.

The Q reporting and CC may occur before they intersect though, so that line may be largely irrelevant.

MHO,
Bill