* Great earnings
* Very strong up trend
* High 3-month relative strength in the Consumer Cyclical sector
* Breaking out of a ~9 month base with higher than average volume
* Showed incredible strength over the past couple of months while the market was facing uncertain times.
* Max probable ROI is 28.57%
Trade Idea:
* If you can tolerate some volatility, now's a great time to enter.
* Looking at the weekly chart, it does seem a bit extended, so, if you're looking for a discount you can look for a buying opportunity near the $104.19 area.
* Very strong up trend
* High 3-month relative strength in the Consumer Cyclical sector
* Breaking out of a ~9 month base with higher than average volume
* Showed incredible strength over the past couple of months while the market was facing uncertain times.
* Max probable ROI is 28.57%
Trade Idea:
* If you can tolerate some volatility, now's a great time to enter.
* Looking at the weekly chart, it does seem a bit extended, so, if you're looking for a discount you can look for a buying opportunity near the $104.19 area.