jangseohee
Long

Used to be excellent company

NYSE:MDR   MCDERMOTT INTL INC
42 5 1
MDR             used to be a excellent company, due to fundamental and technical reasons, it has been sold down like nobody's business.
To make matter worse, after the head and shoulders, price just plunged.
As can be seen, those targets are overhead resistance as well.

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ChimbOt PRO
2 years ago
MDR- very oversold
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ChimbOt PRO ChimbOt
2 years ago
26 days ago
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jangseohee ChimbOt
2 years ago
Did i make any analysis mistake? You mean you went in on the Hammer?
At times of extreme oversold, i prefer to have another retest of shadow to give a double bottom and RSI break downtrend line to long heavy
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jangseohee
2 years ago
bad trade
snapshot
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jangseohee
a year ago
snapshot
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