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Ep 173: Ken Shreve: How To Buy Stocks With Bottoming Bases

Investing With IBD

CHAPTER

The Fundamentals of Ollie's

Ollie's has had some negative numbers on both the top line and bottom line earnings and sales now granted we always say that the market is a forward looking mechanism. What kind of gives you the confidence that hey the numbers might be bad now but they look like they could be getting better or is it just a technical play completely? Well I mean for for me the big the big annual estimate Ollie's is currently in its fiscal 2023 fiscal 2024 they have a big a big annual estimate there that caught my eye at at least 48 percent those green arrows on the market Smith chart are heading higher.

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