Looks good for a continuation higher given the market going higher from here. Price/volume action in lower time-frames (15 minutes) very bullish. In theory a coming split is good for the stock, in reality is a neutral factor, but could be be psychological factor. Inclusion in the S&P 500 could be a good catalyst higher. IBD rating of 97 RS Rating of 99 Long @ 1586.72
the stock split is perfect way for the noobs to get dumped on.
Jeremy15086
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Do you think a bump higher tomorrow is likely?
rg_trader_investor
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@Jeremy15086, I pretty much hope so :) A move higher will be great. A consolidation sideways for a few days will be healthy. If it moves above 1689 on good volume the march higher could accelerate. I was watching this one last week and even have an open order on Friday if it moved higher, which it didn't. I let my guard down and when I saw it yesterday I hesitated, I should have bought yesterday, oh well hindsight is 20/20. I bought today, the price/volume action is very positive.