Note: I've mentioned this stock a couple of times before but both times it pulled back to an expected level due to the market conditions at the time.
* Excellent earnings
* Very strong up trend
* High 3-month relative strength of 2.61 in the Industrial sector
* Breaking out of a ~9 month base with higher than average volume
* Tried to break out a couple of times before but failed due to market conditions at the time
* Now breaking out again with higher than average volume
* The recent price action did make a double bottom and the price has confirmed a break of the double bottom as well.
Trade Idea:
* Now's a great time to enter as the price is just breaking out and is close to the broken level
* If you're looking for a better entry you can look for a buying opportunity near the $242.52 area
* Excellent earnings
* Very strong up trend
* High 3-month relative strength of 2.61 in the Industrial sector
* Breaking out of a ~9 month base with higher than average volume
* Tried to break out a couple of times before but failed due to market conditions at the time
* Now breaking out again with higher than average volume
* The recent price action did make a double bottom and the price has confirmed a break of the double bottom as well.
Trade Idea:
* Now's a great time to enter as the price is just breaking out and is close to the broken level
* If you're looking for a better entry you can look for a buying opportunity near the $242.52 area
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.