Today made a new ATH, but then reversed soon after. It closed at the low of the day on increasing volume. It’s heading for the next support level at 62.50. Watch to see how it reacts there. If it breaks, then the pivot at 59.80 is next.
Today made a strong move off the 62.50 support, which is what I was watching for. The daily strength is gaining momentum as is the weekly. Place an order just over the high of the day. But, the price is close t ATH and overbought conditions so only buy 20%.
Fundamentals look great! Nice EPS expansion with 60.51% average beat. R and NI are showing solid and consistent growth. CFO has faltered the previous Q and was not quality earnings. However, that was well made up foe in the MRQ. Margin growth has been good with a solid 9.24% average margin and 74.92% YoY growth….