Sentiment Thrust

What a difference a quarter makes. Last quarter Children's Place (PLCE) was late to report and, for good reason. They reported rather ugly results, but volume spiked at a low and sentiment troughed. And now, sentiment has come roaring back giving us a sentiment thrust. It doesn't give us a good indication of what the company is going to report tomorrow morning, but it does suggest an upward bias to the stock going forward. The two previous times that PLCE had such a thrust was in December 2005 and February 2021. The stock was up an average of 15.4% three months later.