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Intuit Inc. (INTU) is one of the super and best stock to buy as of March 28, 2019. It’s a big cap growth stocks with strong fundamentals and technical action. Let’s look at the stocks technical actions using a weekly chart.
2. The stock was on solid up run in most part of 2017 and 2018.
3. The stock found classic support at the 50 day moving average line during the run up.
4. The stock went to a quick consolidation after that and tried to breakout, but it failed quickly.
5. The second consolidation was wild and loose. It’s even dipped below the 50 DMA.
6. The stock had another nice run up after that.
7. The accumulation volume wasn’t great though.
8. The stocks appears to be in another consolidation, now. 9. The buy point would be $259.86 and $272.85.
