Intuit on Breakout watch

Entry level $286 = Target price $307 = Stop loss $282
Levels of Interest = $ 294 Breakout level.
Volume spiked.
Indicators bullish.
Golden cross complete.
P/E ratio = 47
Average Recommendation: overweight Average Target Price:$284
Company profile
Intuit, Inc. engages in the provision of business and financial management solutions. It operates through the following segments: Small Business and Self-Employed; Consumer; and Strategic Partner. The Small Business and Self-Employed segment offers QuickBooks financial and business management online services and desktop software, payroll solutions, payment processing solutions, and financing for small businesses. The Consumer segment includes do-it-yourself and assisted TurboTax income tax preparation products and services. The Strategic Partner segment comprises professional tax offerings, which include Lacerte, ProSeries, ProFile, and ProConnect Tax Online among professional accountants. The company was founded by Scott D. Cook and Thomas A. Proulx in March 1983 and is headquartered in Mountain View, CA.
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