* Good earnings in the recent quarters
* Good general up trend in the long term
* High 3-month relative strength of 1.04 in the Consumer Defensive sector
* Breaking out of a 7 month base with higher than average volume
* Has a U/D ratio of 1.24 meaning it's under accumulation.
Trade Idea:
* Due to the market conditions I'd suggest you wait for a better entry around $68.51 if you do consider it.
* If you're willing to bare the volatility at the cost of getting into the stock, now's a great time to enter as the price is just breaking out and is only 2.07% away from the broken level.
* Good general up trend in the long term
* High 3-month relative strength of 1.04 in the Consumer Defensive sector
* Breaking out of a 7 month base with higher than average volume
* Has a U/D ratio of 1.24 meaning it's under accumulation.
Trade Idea:
* Due to the market conditions I'd suggest you wait for a better entry around $68.51 if you do consider it.
* If you're willing to bare the volatility at the cost of getting into the stock, now's a great time to enter as the price is just breaking out and is only 2.07% away from the broken level.
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.