Notes: * Very strong up trend on all time frames * Great earnings track record * Breaking above historical resistance of 145.21 with higher than average volume * Very close to its 50 day line * Offering a low risk entry
Technicals: Sector: Technology - Information Technology Services Relative Strength vs. Sector: 1.04 Relative Strength vs. SP500: 1.03 U/D Ratio: 1.38 Base Depth: 20.34% Distance from breakout buy point: -5.99% Volume 45.0% above its 15 day avg.
Trade Idea: * You can enter now as it's breaking above historical resistance with higher than average volume * If you're looking for a better entry you can look for one around the $143 area as that should serve as short term support
* This stock usually has local tops when the price closes around 10.77% above its 50 EMA * Consider selling into strength if the price closes 10.57% to 10.97% (or higher) above its 50 EMA * The last closing price is 1.9% away from its 50 EMA