Notes:
* Strong up trend on all time frames
* Great earnings track record
* Building a base for the past ~7months
* Consolidating around its 50 day line with decreasing volume on the daily, weekly and monthly time frames
* This indicates that the buyers and sellers are agreeing on this price range
* Currently bouncing off of its 50 day line with higher than average volume
Technicals:
Sector: Healthcare - Drug Manufacturers - General
Relative Strength vs. Sector: 1.22
Relative Strength vs. SP500: 1.11
U/D Ratio: 1.65
Base Depth: 33.25%
Distance from breakout buy point: -14.42%
Volume 7.08% above its 15 day avg.
Trade Idea:
* This is offering a low risk entry
* You can enter now as the price is just bouncing off of its 50 day line with higher than average volume
* If you're looking for a better entry you can look for one around the 50.67 area as that should serve as support
* This stock usually has local tops when the price closes around 14.24% above its 50 EMA
* Consider selling into strength if the price closes 14.04% to 14.44% (or higher) above its 50 EMA
* The last closing price is 0.98% away from its 50 EMA
* Strong up trend on all time frames
* Great earnings track record
* Building a base for the past ~7months
* Consolidating around its 50 day line with decreasing volume on the daily, weekly and monthly time frames
* This indicates that the buyers and sellers are agreeing on this price range
* Currently bouncing off of its 50 day line with higher than average volume
Technicals:
Sector: Healthcare - Drug Manufacturers - General
Relative Strength vs. Sector: 1.22
Relative Strength vs. SP500: 1.11
U/D Ratio: 1.65
Base Depth: 33.25%
Distance from breakout buy point: -14.42%
Volume 7.08% above its 15 day avg.
Trade Idea:
* This is offering a low risk entry
* You can enter now as the price is just bouncing off of its 50 day line with higher than average volume
* If you're looking for a better entry you can look for one around the 50.67 area as that should serve as support
* This stock usually has local tops when the price closes around 14.24% above its 50 EMA
* Consider selling into strength if the price closes 14.04% to 14.44% (or higher) above its 50 EMA
* The last closing price is 0.98% away from its 50 EMA
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.