* Excellent earnings quarter over quarter
* Very strong up trend on the monthly time frame
* High relative strength of 2.75 in the Consumer Defensive sector
* Pays out a quarterly dividend
* Breaking out a ~17 month base
* Both monthly and weekly candles show a large bullish hammer candle
* The weekly chart used the base resistance of $97.53 as support and mad a very strong move higher on earnings today
Trade Idea:
* Now's a great time to enter as the price is just breaking back higher.
* Held up very well during a massive correction.
* If you're looking for a better entry you can look for opportunities near the $100.7 area as that should serve as a temporary support level.
* Very strong up trend on the monthly time frame
* High relative strength of 2.75 in the Consumer Defensive sector
* Pays out a quarterly dividend
* Breaking out a ~17 month base
* Both monthly and weekly candles show a large bullish hammer candle
* The weekly chart used the base resistance of $97.53 as support and mad a very strong move higher on earnings today
Trade Idea:
* Now's a great time to enter as the price is just breaking back higher.
* Held up very well during a massive correction.
* If you're looking for a better entry you can look for opportunities near the $100.7 area as that should serve as a temporary support level.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.