Update on Sabre Corp. (SABR) 6.9.2016

The stocks price has made a new low and is rising again towards the all-time-high. I am predicting volume increase at levels between 29,66 and 30,60. Buy signal if the price manages to close above 30,60.  

Weekly chart:

Sabre released some solid numbers on the 2nd of August: Quarter over quarter earnings growth 113%, ROE (ttm) 84%, Sales quarter over quarter 19,50%. Despite that the stocks price reacted bearish. Overall the stock is in a bullish cycle.

Daily chart:

Sabre Corporation (SABR)

Sabre is a solution provider in technology for the global travel and tourism industry. The software that the company provides is used by hundreds of airline and hotel companies around the world. Sabre is showing strong earnings, the EPS (quarter over quarter) has grown 85% and annual EPS by 110,40%. Also the sales are up 21%. The ROE is up 93,30% during the trailing twelve months and the stock is also supported by institutions: TBG Group Holdings holds 16,55%, Silver Lake Group 10,83% and Vanguard Group 5,24% etc. The stock is also technically showing a promising pattern (see picture). The stock is recovering  from the previous lows and is near the all-time high about to break through a 1-2-3 pattern. I am excited about the earnings report tomorrow before the market open.