* Solid earnings
* Strong up trend
* Pays dividends
* Sector: Industrials - Railroads
* Relative Strength vs. Sector: 1.83
* Relative Strength vs. SP500: 1.19
* U/D Ratio: 1.37
* Base Depth: 31.63%
* Distance from breakout buy point: -3.17%
* Volume 41.24% above its 15 day average
Trade Idea:
* Wait for a breakout from $32.5
* If it consolidates between $32.5 and $31.4 look for spikes of volume as it'll show accumulation by the institutions.
* Can look to build into the position if it start ranges but manage risk accordingly in case that the breakout does not occur.
* Strong up trend
* Pays dividends
* Sector: Industrials - Railroads
* Relative Strength vs. Sector: 1.83
* Relative Strength vs. SP500: 1.19
* U/D Ratio: 1.37
* Base Depth: 31.63%
* Distance from breakout buy point: -3.17%
* Volume 41.24% above its 15 day average
Trade Idea:
* Wait for a breakout from $32.5
* If it consolidates between $32.5 and $31.4 look for spikes of volume as it'll show accumulation by the institutions.
* Can look to build into the position if it start ranges but manage risk accordingly in case that the breakout does not occur.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.