WestRock shows signs of breakout

WestRock Co. WRK is a merchandising and display company that is up 16% year-to-date and 27% over the last one year period. It sports a dividend yield of 2.7%. Earnings have been marginally lower in three of the last four quarters. The stock is on a recent winning streak and wrestling with resistance at $60, which it briefly breached on an intraday basis on July 13 two years after first breaching that level shortly after it went public.

Traders should enter WRK with a buy stop above a cup base trigger of $60.46, which would achieve an all-time high.