* Strong earnings quarter over quarter
* Strong up trend
* Broke out of a year-to-date consolidation
* Consolidating right above the broken level
Trade Idea
* Now would be a great time to get in on this given that it has broke out and is now creating a new support right above the broken level.
* However, if you are looking for a discount, this may consolidate a bit more before moving higher so you may look to enter around 142.80 and 144.70 area
Note
* This is a great long term hold given it's established growth
* and it pays out dividends with a Payout ratio of 19.70% so the company has a lot more room to grow and possibly increase dividends in the future
* Strong up trend
* Broke out of a year-to-date consolidation
* Consolidating right above the broken level
Trade Idea
* Now would be a great time to get in on this given that it has broke out and is now creating a new support right above the broken level.
* However, if you are looking for a discount, this may consolidate a bit more before moving higher so you may look to enter around 142.80 and 144.70 area
Note
* This is a great long term hold given it's established growth
* and it pays out dividends with a Payout ratio of 19.70% so the company has a lot more room to grow and possibly increase dividends in the future