Last week, Univar Solutions NYSE:UNVR made a breakout off a symmetrical triangle. And today, with a gain of +4%, is the follow through day.
IBD Investors gives a #2 Industry Rank and relative strength rating of 89. Also, as its earnings, EPS and profit margins show 2 consecutive double-digit increase, NYSE:UNVR is posed to make a good run.
But, with the market still under pressure, I took a 1/5 position. I intend to add more as the market gives me signals.
IBD Investors gives a #2 Industry Rank and relative strength rating of 89. Also, as its earnings, EPS and profit margins show 2 consecutive double-digit increase, NYSE:UNVR is posed to make a good run.
But, with the market still under pressure, I took a 1/5 position. I intend to add more as the market gives me signals.
Trade closed: stop reached