Whirlpool stock rises on upbeat earnings report

Whirlpool (WHR.US) posted earnings of $ 2.15 per share for the second quarter, compare to analysts’ expectations of $1 a share . Revenue also came in above forecasts. Company noticed recovery across all its regions as the end of the quarter. Whirlpool also raised its full-year revenue outlook.

Whirlpool (WHR.US) - stock launched today’s session with a bullish price gap and is currently testing major resistance at $157.51 per share. Should a break higher occur another upward impulse toward next resistance at $167.13 per share could be launched. On the other hand , breaking below the upward trendline may trigger a bigger downward move. Local support is located at $141.95 per share. Source: xStation5

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