Fundamentals: SPS Commerce provides cloud-based supply chain management solutions worldwide. It provides solutions through the SPS Commerce platform, a cloud-based product suite that enhances the way suppliers, retailers, distributors, and other customers manage and fulfill orders. This is still young and developing company in very profitable industry.
Technicals: The price was hammered on February by its earnings, but for now, it recovered most of losses and perking its head out of consolidation. Following its 8/21 EMAs nicely since mid of April.
Trade and Risk Management: Break of consolidation resistance $53 gives us an entry on Monday. Stop below $50, wich is also psychologycal level. And giving us target at $62 - measured level from $42 to recent top $53.