Reason for long
a) Trendline breakout possibility
b) Good inside candle as entry signal above the PDH
c) QQE not supporting and hence SL compulsory
d) channel formation possibility
This low-risk mid-term stock seeks out companies with a high Net Income of over $4 billion, a 20% or better Net Income Ratio, Earnings Per Share (EPS) and Diluted EPS of over 2 and Total Current Assets in excess of $8 billion.
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