Options_Manna

MWA (Endurance Stocks Portfolio)

Long
NYSE:MWA   MUELLER WATER PRODUCTS
MWA (Mueller Water Products)
Portfolio: Endurance Stocks
Trade Price: $12.42
Shares: 202

This is a long term position. Long term trend shows strong and bullish, short term trend has been bearish and selling off over the past bit. The selloff has pushed the price down steadily until recently, showing increase in volume and interest from buyers. Tech Analysis shows the trend flattening out along with the increased volume and attention and sitting right on top of the 50% Fib level indicating that the 50% Fib will act as a solid level of support in which we're anticipating a larger bullish trend to begin using the 50% as support.
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