Notes: * Very strong up trend on the weekly/monthly charts * Great earnings for the past few years * Basing for the past 19 months * Creating a cup and handle * Trying to break out of the handle * Strong resistance around the $85.4 area
Technicals: Ticker: ENSG Sector: Healthcare - Medical Care Facilities Relative Strength vs. Sector: 28.52 Relative Strength vs. SP500: 11.74 U/D Ratio: 1.15 Base Depth: 36.29% Distance from breakout buy point: -9.18% Volume 16.02% above its 15 day avg.
Trade idea: * Not jumping into this just yet. * Waiting to see if it can stay above the $85.4 area and hold it as support.