EVC Long Trade Setup

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EVC has been trending beautifully for all of 2021. The stock is stair-stepping higher with a succession of higher highs and higher lows.

The numbers are incredibly strong with this one as well. Relative strength is in the 98th percentile, and sales and earnings have both been growing at triple-digit rates for the last 3 quarters.

The recent price compression gives traders a low-risk entry point from which to buy EVC. I would look to buy on a breakout above this range.

Entry: $7.73

Stop: $7.05

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