* Steady earnings
* Starting a new trend higher
* High relative strength in the Consumer Defensive sector
* Pays dividends
* Breaking out of a base that dates back to 2007 with higher than average volume (42.34% higher)
* Forming a very well shaped cup and handle pattern
* Maximum probable ROI for this trade is 24.83%
Trade Idea:
* This is the perfect time to get in as the price is still very close to the level being broken.
* You can see that the price did try to break out a few days ago but now it's trying to break again!
* If you're looking for a discount you can look for buying opportunities near the $88.85 area as that should serve as support
* Starting a new trend higher
* High relative strength in the Consumer Defensive sector
* Pays dividends
* Breaking out of a base that dates back to 2007 with higher than average volume (42.34% higher)
* Forming a very well shaped cup and handle pattern
* Maximum probable ROI for this trade is 24.83%
Trade Idea:
* This is the perfect time to get in as the price is still very close to the level being broken.
* You can see that the price did try to break out a few days ago but now it's trying to break again!
* If you're looking for a discount you can look for buying opportunities near the $88.85 area as that should serve as support