ZsaszTrades

MTRX set for potential big move up

Long
NASDAQ:MTRX   Matrix Service Company
Besides being my all-time favorite movie
Here’s my stock pick of the month and swing trade idea.

This will be a multi-part chart looking at monthly, weekly, and daily.

Monthly Analysis:

Note the price action after the last two steep sell-offs
Note the variance from the 200ema
RSI bullish divergence
Price rejection levels from $7 area in the last 10 years
Price action following rejection from $7 area in chart history

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