The Idea is to go long, but just wait the right signal based on the breakout/ no breakout of the resistance level.
Thor Industries (THO) – The recreational vehicle maker reported fiscal third-quarter profit of 43 cents per share, compared to analysts’ expectations of a quarterly loss. Revenue also beat Street forecasts. Thor said it was able to adjust its cost structure to deal with the negative impact of the Covid-19 pandemic, and that sales began to improve in May as dealerships reopened.
Thor Industries (THO) – The recreational vehicle maker reported fiscal third-quarter profit of 43 cents per share, compared to analysts’ expectations of a quarterly loss. Revenue also beat Street forecasts. Thor said it was able to adjust its cost structure to deal with the negative impact of the Covid-19 pandemic, and that sales began to improve in May as dealerships reopened.