HaseebKhan_90

$MUSA breaking a ~5week base. Can it move higher?

Long
NYSE:MUSA   Murphy USA Inc.
* Very strong up trend since inception
* Great earnings in the recent quarters
* Breaking out of a ~5week base
* Pays out increasing dividends
* Has lots of accumulation indicated by the U/D Ratio

Technicals:
Sector: Consumer Cyclical - Specialty Retail
RS vs. Sector: 2.7
RS vs. SP500: 6.71
U/D Ratio: 1.66
Distance from breakout buy point: 0.17%
Volume 9.58% above its 15 day avg.

Trade Idea:
* You can enter now as the price is just above the broken resistance
* If you're looking for a better entry you can look to buy around the $245.9 area as that should serve as a short term support

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.