Notes:
* Very strong up trend on all time frames
* Great earnings in the recent quarters
* Coming up on the right side of its ~7 month base with higher than average volume
* Creating an ascending triangle pattern (bullish)
* Printed a pocket pivot
Technicals:
Sector: Consumer Cyclical - Specialty Retail
Relative Strength vs. Sector: 1.23
Relative Strength vs. SP500: 1.34
U/D Ratio: 1.34
Base Depth: 21.15%
Distance from breakout buy point: -3.31%
Volume 14.28% above its 15 day avg.
Trade Idea:
* You can enter now as the price is just above its 50 day line and the price printed a pocket pivot
* If you're looking for a better entry you can look for one around the ~135.50 area
* This stock usually has local tops when the price closes around 9.65% above its 50 EMA
* Consider selling into strength if the price closes 9.45% to 9.85% (or higher) above the 50 EMA...
* The last closing price is 2.6% away from its 50 EMA
* Very strong up trend on all time frames
* Great earnings in the recent quarters
* Coming up on the right side of its ~7 month base with higher than average volume
* Creating an ascending triangle pattern (bullish)
* Printed a pocket pivot
Technicals:
Sector: Consumer Cyclical - Specialty Retail
Relative Strength vs. Sector: 1.23
Relative Strength vs. SP500: 1.34
U/D Ratio: 1.34
Base Depth: 21.15%
Distance from breakout buy point: -3.31%
Volume 14.28% above its 15 day avg.
Trade Idea:
* You can enter now as the price is just above its 50 day line and the price printed a pocket pivot
* If you're looking for a better entry you can look for one around the ~135.50 area
* This stock usually has local tops when the price closes around 9.65% above its 50 EMA
* Consider selling into strength if the price closes 9.45% to 9.85% (or higher) above the 50 EMA...
* The last closing price is 2.6% 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.