Technical Summary: It has been a wonderful 5 years for holders of TAL with the stock being one of the best performers on the NYSE. The stock has moved from $1.50 per share in 2013 to $35.45 in 2018. More recently the stock has continued this uptrend but has been in a condolisation phase since October 2017. More recently the stock has moved towards the top end of its base and appears to be forming a pivot point. The stock can be purchased above this pivot point. Ideally we would like to see the stock move through this area with increased volume. We view this as a low risk trade as stop losses can be set if the stock returns back to its trading range.