Ollie's Bargain Outlet (OLLI) Just Flashed Golden Cross Signal: Do You Buy?

Core Viewpoint - Ollie's Bargain Outlet (OLLI) is showing potential for investment due to its recent technical indicators and positive earnings estimate revisions [1][4]. Technical Analysis - OLLI has crossed above the 20-day moving average, indicating a short-term bullish trend [1][2]. - The stock has increased by 6.2% over the past four weeks, suggesting upward momentum [4]. Earnings Estimates - There have been no downward revisions in earnings estimates for the current fiscal year in the past two months, with one estimate being revised higher [4]. - The consensus estimate for OLLI has also increased, reinforcing the positive outlook [4][5]. Investment Consideration - Given the positive technical factors and earnings estimate revisions, OLLI may present a good opportunity for investors looking for potential gains [5].