* Exceptional earnings quarter over quarter
* Incredibly strong up trend over the long term
* High 3-month relative strength of 2.87 in the Tech sector
* Pays out dividends
* Breaking out of a base on base pattern
* First base lasted ~8 months before breaking out
* Second base formed immediately after the breakout and has been forming for the past ~9 weeks
* Current week is also forming a bullish engulfing candle
* It did try and break out of the second base earlier but due to current market conditions it had a slight pull back.
* Now it's breaking out for the second time with higher than average volume.
Trade Idea:
* You can enter now at today's close as a starter position if you want to stay in the market and set a closer target.
* Incredibly strong up trend over the long term
* High 3-month relative strength of 2.87 in the Tech sector
* Pays out dividends
* Breaking out of a base on base pattern
* First base lasted ~8 months before breaking out
* Second base formed immediately after the breakout and has been forming for the past ~9 weeks
* Current week is also forming a bullish engulfing candle
* It did try and break out of the second base earlier but due to current market conditions it had a slight pull back.
* Now it's breaking out for the second time with higher than average volume.
Trade Idea:
* You can enter now at today's close as a starter position if you want to stay in the market and set a closer target.
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.