I'm not very familiar with MTZ and decided to let the 60 minute stochastics take me out the trade. (in the well overbought position) As we were heading into the close I decided to cash out.
I'm very happy taking 1.21 off an intraday trade. The trade was 500 shares. So I was happy to clear $500 on the trade.
Going forward, I'd like to watch and see how MTZ reacts here. I see a little resistance right here at 30.
I would not be surprised to see a analyst downgrade come in over the next few days. A downgrade here might give us a good opportunity to pick up some shares a bit cheaper.