akillam1

ITRI - Call Entry

Long
NASDAQ:ITRI   Itron, Inc.
ITRI has consolidated really well between 66-67 for the past 2 weeks after running up from a dip at 56. This looks like it is ready to break out to the next level. I will be looking for a dip early Monday at 66.25 before this breaks 67. 66.75-67 will be the area that needs to break for the next run up towards 70. The MACD should get a strong bullish cross after breaking 67 on the 4 hr chart.
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