demyanchuk
Long

MORN: next confirmation of rising market

NASDAQ:MORN   MORNINGSTAR INC
Price moves mostly in the rising channel . After the breakout of local             inclined resistance there are confirmed:
1. double bottom (with retest of it's neck by the second signal)
2. flag (with breakout of the top line)

The recommendation is to buy:

Entry point 85.00
Stop-loss 82.43 (-1 tic of flag's low price)
Target 91.00 (according to target-sizing approach)
Risk/return ratio 1: 2.33

Our assumption is that price will continue to grow further.
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out