Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.
Even though the stock is slightly above the ideal $94 entry-level, investors could initiate the position on Monday.
Should both the market and the stock sell-off a bit, which can be expected after a strong move from last week, gauging a stock's behavior around the breakout level could provide an even more favorable entry point, especially if the pullback occurs on the lower volume.
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