In this daily bar chart of INTU, below, we can see that prices have broken out to new highs this month. INTU is trading above the rising 50-day and the rising 200-day moving average line. The shorter 50-day line is poised to cross above the 200-day line for what is commonly call a golden cross. The daily On-Balance-Volume (OBV) line is almost at a new high but despite a temporary divergence the OBV line has been climbing the past two months. The Moving Average Convergence Divergence (MACD) oscillator is in a bullish configuration rising above the zero line.
In this weekly bar chart of INTU, below, we can see an impress rise the past three years. Prices are above the rising 40-week moving average line. The weekly OBV line is bullish and so is the MACD oscillator.
In this Point and Figure chart of INTU, below, we can see the upside breakout at $231.52 and a target of $272.98.
Bottom line strategy: the daily chart of INTU is extended on the upside. Prices could correct sideways or lower in the near-term but this potential dip is probably not going to be a top reversal so higher prices could be seen in the next few months. $250 and $275 are our price targets.