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Benny.Atia
Oct 10, 2016 12:15 PM

MRC Potential - Shift to trend or back to range? 

MRC Global Inc.NYSE

Description

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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