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lauralea
Nov 20, 2020 9:46 PM

Cup and Handle Rising wedge Long

Masco CorporationNYSE

Description

Long when stock gets moving

MAS has broken bottom trendline of the bearish narrowing RW, and seems to be a bit stuck s of late as far as recovering

The rest of this sector had a pull back and off they went. Most of it's cohorts were not in a rising wedge though

I am hoping MAS makes a come back before this sector rotates out

NV and OBV are high

Short interest is low

Even though this is over long entry level, I would watch it for a bit to make sure it gains momentum.


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