Notes:
* Great earnings track record
* Very strong up trend on all time frames
* Pays out dividends
* Coming up on the right side of its base after ~4 months
* Has been in a tight range of ~3.8% for the past 3 weeks
Technicals:
Sector: Healthcare - Drug Manufacturers - General
Relative Strength vs. Sector: 1.91
Relative Strength vs. SP500: 1.54
U/D Ratio: 1.76
Base Depth: 26.75%
Distance from breakout buy point: -13.75%
Volume 8.02% above its 15 day avg.
Trade Idea:
* You can get in now as the price is very close to its 50 day line and has been using it as support for the past 3 weeks
* If you want to be safe you can wait for the breakout from this tight range with a break above 154.07
* This stock usually has local tops when the price closes around 10.96% above its 50 EMA
* Consider selling into strength if the price closes 10.76% to 11.16% (or higher) above its 50 EMA
* The last closing price is 0.11% away from its 50 EMA
* Great earnings track record
* Very strong up trend on all time frames
* Pays out dividends
* Coming up on the right side of its base after ~4 months
* Has been in a tight range of ~3.8% for the past 3 weeks
Technicals:
Sector: Healthcare - Drug Manufacturers - General
Relative Strength vs. Sector: 1.91
Relative Strength vs. SP500: 1.54
U/D Ratio: 1.76
Base Depth: 26.75%
Distance from breakout buy point: -13.75%
Volume 8.02% above its 15 day avg.
Trade Idea:
* You can get in now as the price is very close to its 50 day line and has been using it as support for the past 3 weeks
* If you want to be safe you can wait for the breakout from this tight range with a break above 154.07
* This stock usually has local tops when the price closes around 10.96% above its 50 EMA
* Consider selling into strength if the price closes 10.76% to 11.16% (or higher) above its 50 EMA
* The last closing price is 0.11% away from its 50 EMA
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.