* Solid earnings
* Strong up trend
* Pays dividends
* Sector: Industrials - Railroads
* Relative Strength vs. Sector: 1.83
* Relative Strength vs. SP500: 1.19
* U/D Ratio: 1.37
* Base Depth: 31.63%
* Distance from breakout buy point: -3.17%
* Volume 41.24% above its 15 day average
Trade Idea:
* Wait for a breakout from $32.5
* If it consolidates between $32.5 and $31.4 look for spikes of volume as it'll show accumulation by the institutions.
* Can look to build into the position if it start ranges but manage risk accordingly in case that the breakout does not occur.
* Strong up trend
* Pays dividends
* Sector: Industrials - Railroads
* Relative Strength vs. Sector: 1.83
* Relative Strength vs. SP500: 1.19
* U/D Ratio: 1.37
* Base Depth: 31.63%
* Distance from breakout buy point: -3.17%
* Volume 41.24% above its 15 day average
Trade Idea:
* Wait for a breakout from $32.5
* If it consolidates between $32.5 and $31.4 look for spikes of volume as it'll show accumulation by the institutions.
* Can look to build into the position if it start ranges but manage risk accordingly in case that the breakout does not occur.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.