* Relatively stable earnings
* General up trend
* Broke out after 2 months of consolidation with higher than average volume
* Price consolidating above broken level of 192.56
* Recently used 2019 highs of ~174.15 as support
Trade Idea
* The price will either consolidate here or revisit the 189.60 area before moving higher.
* If you're looking for a discount, you can look for buying opportunities around the $189.60 to $190 area
* Or you can get in now and experience some downside before heading higher.
* General up trend
* Broke out after 2 months of consolidation with higher than average volume
* Price consolidating above broken level of 192.56
* Recently used 2019 highs of ~174.15 as support
Trade Idea
* The price will either consolidate here or revisit the 189.60 area before moving higher.
* If you're looking for a discount, you can look for buying opportunities around the $189.60 to $190 area
* Or you can get in now and experience some downside before heading higher.