Notes: * Steady up trend on all time frames * Great earnings track record * Basing for the past ~8 months * Pulled back to its 20 day line and is now moving higher with volume
Technicals: Sector: Technology - Computer Hardware Relative Strength vs. Sector: 3.54 Relative Strength vs. SP500: 6.42 U/D Ratio: 1.24 Base Depth: 64.4% Distance from breakout buy point: -15.42% Volume 41.61% above its 15 day avg.
Trade Idea: * You can enter now as the price is recovering from its pull back on high volume * If you're looking for a better entry you may be able to find one around the ~$30.7 area
* This stock usually has local tops when the price closes around 19.92% above its 50 EMA * Consider selling into strength if the price closes 19.72% to 20.12% (or higher) above its 50 EMA * The last closing price is 9.1% away from its 50 EMA