* Relatively new company
* 3 out of 4 earning reports were great
* Strong up trend
* High 3-month relative strength in the Industrial sector
* Pays dividends very generously
* Increase in institutional interest
* Breaking out of a 15 week base forming a cup and handle pattern
* Depth of the cup is ~24.8%
* Breaking out with higher than the 15 day average volume
* $57.54 should serve as support moving forward
Trade Idea:
* Now's a great time to enter as the markets seem to be recovering and the sector seems to be doing well also.
* The price is very close to the broken level
* 3 out of 4 earning reports were great
* Strong up trend
* High 3-month relative strength in the Industrial sector
* Pays dividends very generously
* Increase in institutional interest
* Breaking out of a 15 week base forming a cup and handle pattern
* Depth of the cup is ~24.8%
* Breaking out with higher than the 15 day average volume
* $57.54 should serve as support moving forward
Trade Idea:
* Now's a great time to enter as the markets seem to be recovering and the sector seems to be doing well also.
* The price is very close to the broken level