* Exceptional earnings year over year * Very strong up trend since inception * Broke out of a month long consolidation with 72.99% more volume than average * Under very tight accumulation for the past 5 weeks * Pays out dividends with a Payout ratio of 26.70%. This means the company has a lot more room to grow and possibly increase dividends as well.
Trade Idea: * Now is the perfect time to enter as it's still close to the broken level and is picking up momentum with volume. * If you are looking for a small discount, this may come down to retest the $88.90 area before heading higher.
@FriscoTrades, Very nice trade indeed! Unfortunately, I didn't have enough capital at the time to take the trade. How about you? Were you able to get in?