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TransUnion (TRU) has been making impressive moves recently, showcasing substantial relative strength compared to the broader market. Following the August sell-off, TRU has not only bounced back but also surged to new highs. This quick recovery and outperformance set the stock apart as one to watch closely.

Technically, the structure of TRU is quite attractive. The stock has been building a solid base and has recently broken out, followed by a successful test of that breakout. This signals a potential continuation to the upside, with the current flagging pattern indicating further momentum, just like the other 2 quality setups discussed in this post.

Key levels to focus on: Yesterday’s high is critical. If TransUnion can commit to a move above that level, it could either confirm a reversal or indicate a fresh breakout, providing an opportunity for traders. In terms of risk management, a stop-loss around the $91 mark seems appropriate based on recent price action. 

Watch the video below for a detailed discussion of TRU's trading plan based on the pullback reversal setup:

Video Length: 00:00:41

TRU’s relative strength and solid technical foundation suggest this stock could be primed for further upside. Investors and traders should keep an eye on these key levels and be prepared to capitalize on potential bullish momentum.

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