ShakeShakeLeg

MetLife Meets my Long Setup!

NYSE:MET   METLIFE INC
What I see...
+ 10MA has just recently crossed above 50MA
+ Side way move while picking up some volume
+ RSI bouncing offof 50 at 54.26
+ Found support from both the rising trend line and the 50 MA
+ MACD is close the signal line
+ Inside Dragonfly like bar
+ Earning resulted in vol. spike

- Both fast MA are still under the 200 MA
- Upper shadows continued in the past few days

What I setup...
+ Long entry when above last week's high
- Stop at last week's low
+ Target at $44
Order cancelled: Setup cancelled

Comments

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