Notes: * Strong up trend * Good earnings in the recent quarters * Pays out a nice dividend * Created a double bottom and is now moving up on the right side of its base * Recently bounced off of its 50 day line
Technicals: Sector: Energy - Oil & Gas Integrated Relative Strength vs. Sector: 5.8 Relative Strength vs. SP500: 3.16 U/D Ratio: 1.16 Base Depth: 22.21% Distance from breakout buy point: -3.9% Volume 13.32% above its 15 day avg.
Trade Idea: * You can enter now as the price and volume are indicating bullish momentum * If you're looking for a better entry you can look for one around the $36.55 area
* This stock usually has local tops when the price closes around 15.28% above its 50 EMA * Consider selling into strength if the price closes 15.08% to 15.48% (or higher) above its 50 EMA * The last closing price is 7.24% away from its 50 EMA