Notes:
* Strong up trend since 2020
* Great earnings in the recent quarters
* Pays out dividends
* Creating a base for the past ~14 months
* Recently bounced from its 200 day
* Pulled back to its 50 day and is now showing signs of recovery with volume
* Historical resistance comes in around 29.85
Technicals:
Sector: Consumer Cyclical - Footwear & Accessories
Relative Strength vs. Sector: 2.83
Relative Strength vs. SP500: 3.88
U/D Ratio: 1.4
Base Depth: 66.55%
Distance from breakout buy point: -6.6%
Volume 27.64% above its 15 day avg.
Trade Idea:
* You can enter now since volume's coming in as it bounces from its 50 day line
* If you're looking for a better entry you can look for one around the 27.3 area as that would be ~50% of the bullish pin bar we got in the last session
* This stock usually has local tops when the price closes around 21.42% above its 50 EMA
* Consider selling into strength if the price closes 21.22% to 21.62% (or higher) above its 50 EMA
* The last closing price is 5.76% away from its 50 EMA
* Strong up trend since 2020
* Great earnings in the recent quarters
* Pays out dividends
* Creating a base for the past ~14 months
* Recently bounced from its 200 day
* Pulled back to its 50 day and is now showing signs of recovery with volume
* Historical resistance comes in around 29.85
Technicals:
Sector: Consumer Cyclical - Footwear & Accessories
Relative Strength vs. Sector: 2.83
Relative Strength vs. SP500: 3.88
U/D Ratio: 1.4
Base Depth: 66.55%
Distance from breakout buy point: -6.6%
Volume 27.64% above its 15 day avg.
Trade Idea:
* You can enter now since volume's coming in as it bounces from its 50 day line
* If you're looking for a better entry you can look for one around the 27.3 area as that would be ~50% of the bullish pin bar we got in the last session
* This stock usually has local tops when the price closes around 21.42% above its 50 EMA
* Consider selling into strength if the price closes 21.22% to 21.62% (or higher) above its 50 EMA
* The last closing price is 5.76% away from its 50 EMA
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.