Notes: * Strong up trend * Health care sector showing strength * Breaking historical all-time-highs of $57.9 with a very bullish week * Recently bounced from the 200 Day line and the 10 week line with very bullish price-action
Technicals: Sector: Healthcare - Medical Distribution Relative Strength vs. Sector: 3.34 Relative Strength vs. SP500: 1.82 U/D Ratio: 1.35 Base Depth: 22.61% Distance from breakout buy point: -6.66% Volume 12.47% above its 15 day avg.
Trade Idea: * Better trade entry would've been on Thursday but you can still enter now as the price is still close to its 50 day line * If you're looking for a better entry you can get in around $59, it's been serving as a pivot point * Manage risk under 57.9