Buyable Gap Up - UBNT 8-5-16
UBNT is gapping higher on strong earnings. It is possibly actionable as it has formed a long base that began in early 2014, though is getting a bit extended relative to the launch off its handle. Earnings and sales are strongly accelerating, pretax margin 35.1%, ROE 47.9%, group rank 35.
We have sent a number of reports on UBNT entry points over the last couple of weeks, so those who took positions can use a 1-2% under today's low as their sell stop:
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