$PII Pennant and consolidation Breakout

5 mar 2021

PII

• Chart
• Pennant breakout
  
• Consolidation breakout
  
• Volume dry up during pullback within consolidation
  
• RS Rating 70/ Blue Dot (New High)
  
• Long term High $137.66 (>1yr Base)
  
• Above KMA's
  
• RSI Hidden bullish divergence
  
  Fundamentals
• EPS, Sales & fund ownership rising
  
• Big name fund holding (Harbor Mid Cap Growth fund 0.98%)
  
• MGMT owns 3% (Skin in the game)
  
• 2021 EPS est ^ 13% & 2022 EPS est ^ 7%