gapped up on earnings
but erased part of gains. On the 2nd day it bounced from gap pivot point
. So, $72.86-$73.00 could be new point of reference. The longer it will hold above the more attractive it will stay for active traders for another leg up. Before earnings
it broke up descending channel
and caught momentum up.
In late November 2013
it also gapped up on earnings
and held $48 with couple of inside days then wnt through $50.
This pattern may repeat now but this time we have higher levels and higher valuation (less potential)