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anthonylarro

MLM Failed Breakdown Attempt

Short
Martin Marietta Materials, Inc. (NYSE:MLM)  
anthonylarro Updated   
NYSE:MLM   Martin Marietta Materials, Inc.
Trend Analysis Chart Patterns Technical Indicators
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Wouldnt say it has completely failed yet, but it has come back to retest before possibly making a move lower. It did not breakdown or retest with any significant volume. Market of course heloing bring it back up, but until we see some volume coming into it, i think we wont see a major move anytime soon.
Comment:
Broker under 200 today and if it can close below it, looks like a great short for more movement down.
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