Benny.Atia

MRC Potential - Shift to trend or back to range?

NYSE:MRC   MRC GLOBAL INC
MRC             attempts to break its range, recent consolidation and far enough oversold area could allow it the breathing air it requires to get there, although a stronger breakout was preferred.
Comment: Sellers not showing much presence, buyers should show more determination for follow-through.
Trade active: Bought the test after the successfull follow throught at the confirmation.
price 18.55.
Trade closed: stop reached: Stopped at entry at 29-5-2017
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