* Excellent earnings
* Very strong up trend
* High relative strength in the Industrials sector
* Breaking out of a ~8 month consolidation with very high volume (172.64% higher than average)
* Max probable ROI on this trade is 26.08%
Note:
* Institutions don't buy breakouts, they create breakouts.
Trade Idea:
* Now is the perfect time to get in since the price is still very close to the broken level and it broke out on very high volume.
* Also, the last closing candle can be classified as a bullish pin bar showing tonnes of demand under the $364.30 area
* Very strong up trend
* High relative strength in the Industrials sector
* Breaking out of a ~8 month consolidation with very high volume (172.64% higher than average)
* Max probable ROI on this trade is 26.08%
Note:
* Institutions don't buy breakouts, they create breakouts.
Trade Idea:
* Now is the perfect time to get in since the price is still very close to the broken level and it broke out on very high volume.
* Also, the last closing candle can be classified as a bullish pin bar showing tonnes of demand under the $364.30 area
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.