Earnings moved from 29th to 31st, up 3.5% on the day, back at the 200MA resistance. What next?

Taking a look at JD Sports as its stock is up almost 3.5% on the day, one day ahead of its earnings after the date has been pushed back from the 29^th to the 31^st of May. Currently, its share price trades at around 131p a share. Looking at the chart based on the daily timeframe, we can see that it has approached its 200-day moving average, which will certainly act as a barrier of resistance. We can see that earlier in March when the price tried to move higher, the 200MA acted as a tough resistance point, in turn, sending the price lower. However, a newly established support level around 110p has created a supportive baseline for the stock (white trendline). With this being the second attempt to move higher, a close above the 200MA would indicate bullish momentum, certainly inviting investors and traders to see this price push higher. In that scenario, the focus point would be the area of 140p-150p. The near-term support now is the low of the day (125p), a dip below it could lead to an extended retracement back to 117p. Nonetheless, the technical indicators look positive with the MACD back on the rise and the RSI following this pattern as it reads 64.