After just-issued earnings resulted in a gap-down for Google-parent Alphabet (GOOGL) and a new high for Facebook (FB) this past week, upcoming quarterly reports, headlined by Apple (AAPL), could make for some interesting stock action.
X Here's a look at five stocks that could be actionable heading into earnings.
Apple
After a wild session Thursday, Apple is finding support at the key 50-day moving average. Shares are 4.6% below a buy point at 156.75. Investors will be looking to hear an update from Apple on the upcoming iPhone due out this fall, which has seen production delays.
Universal Display
Universal Display (OLED) makes OLED screens, and Apple has plans for an OLED version of its upcoming phone. Universal Display is forming a cup base, with shares 7% below a 130.75 buy point.
Match
Match Group (MTCH) is 3.7% below a cup-with-handle entry ahead of its results. Match's buy point is at 19.28 as a handle has formed above the 50-day line. Match Group runs dating sites Match.com and Tinder. IAC Interactive (IAC), which owns a majority stake of Match, reports Wednesday close to its own entry area.
Grubhub
Grubhub (GRUB), a member of Leaderboard, is flirting with being in buy range from a flat-base entry at 47.94, and is 2.7% away from that threshold. Grubhub found support near its 50-day moving average earlier this month.
Take-Two
And video game publisher Take-Two Interactive (TTWO) is hovering just 0.7% under an 80.64 buy point from a cup base. Take-Two successfully cleared that level on Tuesday, but has pulled back slightly.
Fellow video game maker Electronic Arts (EA) reported better-than-expected earnings and revenue late Thursday, with shares just above a buy point cleared earlier in the week.
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