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HaseebKhan_90

SITE breaking out of a cup and handle!

Long
SiteOne Landscape Supply, Inc. (NYSE:SITE)  
HaseebKhan_90 Updated   
NYSE:SITE   SiteOne Landscape Supply, Inc.
Trend Analysis Cup And Handle buysignal buysetup buyzone resistancebro consolidation-breakout cupandhandlepattern cupandhandlebreakout
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trendanalysis cupandhandle buysignal buysetup buyzone resistancebro consolidation-breakout cupandhandlepattern cupandhandlebreakout
* Great earnings quarter over quarter
* Very strong up trend
* Breaking out of a cup and handle patter forming since early may of this year
* Very high relative strength over 3 months (57.1) in the Industrial sector
* Broke out with higher than average volume: 22.05%

Note:
* Given the market conditions it's better to book some profits earlier and let the rest of the position run.
Trade closed: target reached:
First target was hit last Thursday!
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