* Perfect earnings * Very strong up trend since inception * High 3-month relative strength of 1.65 in the Tech sector * Pays out quarterly dividends and just last quarter it increased its dividends! * Broke out of a ~5 month base with volume * Broke out late December and has been consolidating since then right above the breakout point * Even with the uncertain market conditions it's managing to stay above the broken base.
Trade Idea: * You can enter at today's closing price if you don't mind a little volatility. * If you're looking for the perfect entry, you may wait for the price to turn a bit lower and enter near the $203.30 area * Due to current market conditions it's better to wait and see what may happen. * If you're a bit more conservative you may wait for a break above this current range and look for an entry near $207.72
Caution: * A daily close below $198.14 would negate the idea.