Cintas Corp (CTAS) is simply 1 of 83 firms which have certified to be on our strongest ChartList, our Bullish Trifecta ChartList. As a way to make it, it have to be on our (1) Robust Earnings ChartList (SECL – tracks firms that beat quarterly income and EPS estimates), (2) Robust AD ChartList (SADCL – requires a minimal SCTR rating of 75 and a powerful accumulation/distribution line to counsel vital accumulation by Wall Road), and (3) Raised Steerage ChartList (RGCL – simply because the identify implies, an organization should have raised its quarterly or annual steering). When CTAS reported its newest quarterly outcomes on March twenty ninth, they simply surpassed each income and EPS estimates. As well as, CTAS upped each its income and EPS steering for the yr.

The next chart of CTAS highlights the precise facet of a cup that fashioned with its earnings response. For the previous week, it has been pulling again in a pleasant deal with because it approaches its rising 20-day EMA. Test it out:

My choice is to commerce shares that present the entire traits of CTAS – main inventory in its trade, below accumulation, sturdy quantity traits, better-than-expected revenues and EPS, a powerful market response after earnings, and a pullback inside a really bullish continuation sample. None of this ensures a profitable commerce, however I do imagine it will increase the probability.

Comfortable buying and selling!

Tom