* Okay earnings
* Strong up trend since 2019
* Sector: Industrials - Trucking
* Relative Strength vs. Sector: 13.48
* Relative Strength vs. SP500: 12.37
* U/D Ratio: 1.21
* Base Depth: 39.33%
* Distance from breakout buy point: 0.34%
* Volume 24.81% above its 15 day average
* Created a base on base pattern
* Was trading in a tight range earlier before the breakout
* Then pulled back into the range and is now breaking out
* The red horizontal lines indicate previous all-time-highs from 2017/18
Trade Idea:
* You can enter now as the price is just breaking out of the range for the second time and it also seems like a pullback recovery.
* If you're looking for a better entry you can look for a buy opportunity inside the range if it comes back in.
Note:
* First target should be achievable given that it's inside the recent range.
* Strong up trend since 2019
* Sector: Industrials - Trucking
* Relative Strength vs. Sector: 13.48
* Relative Strength vs. SP500: 12.37
* U/D Ratio: 1.21
* Base Depth: 39.33%
* Distance from breakout buy point: 0.34%
* Volume 24.81% above its 15 day average
* Created a base on base pattern
* Was trading in a tight range earlier before the breakout
* Then pulled back into the range and is now breaking out
* The red horizontal lines indicate previous all-time-highs from 2017/18
Trade Idea:
* You can enter now as the price is just breaking out of the range for the second time and it also seems like a pullback recovery.
* If you're looking for a better entry you can look for a buy opportunity inside the range if it comes back in.
Note:
* First target should be achievable given that it's inside the recent range.