Technicals: * Very good earnings quarter over quarter * Steady up trend and seems to be starting a new leg higher * Sector: Technology - Information Technology Services * Relative Strength vs. Sector: 4.17 * Relative Strength vs. SP500: 7.42 * U/D Ratio: 1.45 * Base Depth: 27.85% * Distance from breakout buy point: 12.87% * Volume -24.65% below its 15 day avg
What to look for: * Broke out of an 18 month base with tonnes of volume * Is now building a smaller base after a ~41% move * Consolidating price action with decreasing volume indicates that sellers are running out of steam * Look for a break/close above $21.8 with volume.
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