jangseohee
Long

Used to be excellent company

NYSE:MDR   MCDERMOTT INTERNATIONAL 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.
bad trade
snapshot
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26 days ago
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jangseohee ChimbOt
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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