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Perrigo Company (PRGO) setting up for a nice trade, currently at 85.77

|Includes: Perrigo Company (PRGO)

Perrigo Company (NASDAQ:PRGO), through its subsidiaries, develops, manufactures, and distributes over-the-counter (OTC) and generic prescription (Rx) pharmaceuticals, nutritional products, infant formulas, active pharmaceutical ingredients (NYSEMKT:API), and pharmaceutical and medical diagnostic products worldwide.

The chart pattern, the fundamentals are award winning right now in my opinion.  Last quarter's 10% earnings surprise and estimate revisions are icing on the cake.  I am looking to buy on a break above 86 with decent volume coming in.  Earnings and revenue growth are impressive.

Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in PRGO over the next 72 hours.