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$ROK Breakout alert set for Rockwell Automation

Long
NYSE:ROK   Rockwell Automation, Inc.
Entry level $209 Target price $240 Stop loss $205
Major breakout possible.
Alert set for move above $207.50
1.58% short interest
P/E ratio 35.
Company profile
Rockwell Automation, Inc. engages in the provision of industrial automation and information services. It operates through the following segments: Architecture and Software, and Control Products and Solutions . The Architecture and Software segment contains hardware, software, and communication components of its integrated control and information architecture which are capable of controlling the customer's industrial processes and connecting with their business enterprise. The Control Products and Solutions segment combines a portfolio of intelligent motor control and industrial control products, application expertise, and project management capabilities. The company was founded in 1928 and is headquartered in Milwaukee, WI.

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