General Info: * Great earnings quarter over quarter * Strong up trend * Looking to break from ~4 month consolidation * Volume drying up as it approaches resistance of $154
Trade idea: * Wait for a daily close above $154 for a confirmation. * Even after the break this may consolidate for a while as it's drying up on volume * Or it may consolidate for a while before making a clear break higher.
In either case, this may make a cup and handle pattern before heading higher. This is one to keep an eye on!
Note: * Given its growth, this is a great long term hold as well as it pays out dividends with a Payout ratio of 40.10%; this means that the company has a lot more room to grow and possibly increase dividends as well.