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GuyInHat
Jan 7, 2021 4:20 AM

$MAT Momentum play with divergence. Long

NASDAQ:MAT1D
Mattel, Inc.NASDAQ

Description

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Mattel has been on a huge run and is working on breaking a local resistance after breaking a historical $18.00 resistance. Target would be in the range of 19.40 or so. Has HBD on the daily and the 4hr for the MACD and RSI.

Trade closed: target reached

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Hit target and pulled back. Perfect.
Trend AnalysisDivergence
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