$BK Buy The Dip
The market is over-reacting to 
BK earnings and the stock is down over 7%. We believe this is a buy the dip opportunity. There's also the inverse head and shoulders pattern.
Bank of New York Mellon (NYSE:BK): Q4 Non-GAAP EPS of $1.01 beats by $0.01; GAAP EPS of $1.52 beats by $0.01.
Revenue of 3.99B (-0.3% Y/Y) misses by 180M.
As always, trade with caution and use protective stops.
Good luck to all!
BK earnings and the stock is down over 7%. We believe this is a buy the dip opportunity. There's also the inverse head and shoulders pattern.Bank of New York Mellon (NYSE:BK): Q4 Non-GAAP EPS of $1.01 beats by $0.01; GAAP EPS of $1.52 beats by $0.01.
Revenue of 3.99B (-0.3% Y/Y) misses by 180M.
As always, trade with caution and use protective stops.
Good luck to all!
To receive our alerts via email and SMS, join Insider Financial for Free at signup.insiderfinancial.com
We are not financial advisors. Always conduct your own research and read our full disclaimer at insiderfinancial.com/disclaimer/
We are not financial advisors. Always conduct your own research and read our full disclaimer at insiderfinancial.com/disclaimer/
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.