Sometimes you see a chart and say wow! I saw the chart of Tyler Technologies (TYL), this morning, and on every time frame all I can say is wow.
Just look at this long-term chart of TYL above. It's impressive! Right? TYL begins to turn up in 2011 as a teenager and slowly but surely it rallies to around $105 before a meaningful correction sets in. After finding support at $75, TYL then goes on to double in the next leg higher.
The one-year daily chart of TYL is equally impressive. Notice in the chart, above, how TYL advances in a steady stair-step pattern. Note the steadily increasing On-Balance Volume line -- beautiful!
TYL could rally to the next big round number -- $200, so any pullback towards $140 should be bought with a sell stop just below $130.