* Great earnings
* Strong up trend
* High 3-month relative strength of 3.72 in the Financial sector
* Breaking out of a base on base pattern with higher than average volume
* Broke out a few days ago but due to the market conditions it had a slight pull back to the breakout point
Trade Idea:
* If you don't mind a little volatility and want to catch the bigger move, you can enter now as indicated.
* The price is only 1.73% away from the broken level
* However, if you're looking for a better entry, you can look for one around the $84.30 area as that should serve as support moving forward.
* Strong up trend
* High 3-month relative strength of 3.72 in the Financial sector
* Breaking out of a base on base pattern with higher than average volume
* Broke out a few days ago but due to the market conditions it had a slight pull back to the breakout point
Trade Idea:
* If you don't mind a little volatility and want to catch the bigger move, you can enter now as indicated.
* The price is only 1.73% away from the broken level
* However, if you're looking for a better entry, you can look for one around the $84.30 area as that should serve as support moving forward.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.