After breaking out from a cup-with-handle pattern, the stock formed a six-week-long flat base and traded sideways.
The stock broke out from a flat base and is facing resistance at its previous highs.
Simultaneously, the RS line broke out and is trending upward.
The slope of the momentum indicator RSI on multi-timeframe charts has turned upward with a positive crossover.
The stock has a good EPS Rank of 75 and a Buyer Demand Rating of A. The number of funds holding the stock has also increased substantially in the last quarter.
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