Tractor Supply Company is a retail chain of stores offering products for agriculture and out life like garden maintenance, equine and pet care. Founded in 1938, the company is headquarted in Tennessee and generates $4.7 billion revenues.

From a fundamental viewpoint the company shows a interesting dynamism with a 20% turnover growth on the last two exercises. Net result is expected at $270 million, representing a 20% increase. Earnings per share is expected at $3.69 against $3.01 in 2011.

Technically the stock is strongly bullish. Moving averages are well-oriented and a consolidation phase could be observed in the USD 95.8/99.7. The resistance could be crossed with a new upward impulse and the security could continue its growing trend on its highest historical. The 20-days moving average may support the trend as she did on weekly data since 2010.

Investors could take a buying position on the stock as soon as USD 99.75 resistance will be crossed. Their target will be placed at USD 107 and a stop loss could be engaged below the USD 94.6.