Risking it for a biscuit. Earnings report tonight after the bell

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DXC are reporting tonight.

Looking at tonight’s price action pre report, price has been rising and on the 5 min time frame higher highs and higher lows have been formed.

On the longer timeline it has underperformed but is now clearly at major support.

A break above the channel should have considerable upside, if results are good this could be the catalyst, obviously it could also go the other way.

Expected earnings $0.82 Billion. Expected revenue $3.36 Billion. Not too shabby

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