Notes: * Excellent earnings record * Very strong up trend in the long term * Breaking out of a ~4 month base * Formed a larger cup with high handle on the monthly time frame * Broke out with higher than average volume before earnings
Technicals: * Sector: Consumer Defensive - Household & Personal Products * Relative Strength vs. Sector: 1.3 * Relative Strength vs. SP500: 2.47 * U/D Ratio: 1.3 * Base Depth: 9.52% * Distance from breakout buy point: 0.05% * Volume 61.09% above its 15 day average.
Trade Idea: * You can enter now as the price is extremely close to the breakout level * If you're looking for a better entry you can look for an opportunity around $103.37 * Or due to the current market conditions $103 is also possible * Manage risk accordingly