Hey people,**DISCLAIMER** content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. MOODYS CORP will pull back on trend support then upward recovery.
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Not an interesting chart to begin with - really. If it weren't for the 2 hour, I (probably) would've skipped over it. But SUUPAAAA ready to jump on this come Monday. But check me out - I H.A.T.E & always 150% regret catching a knife that starts with a fat ass black candle & then just trades flat - probably the worst, most painful trade to sit & watch either do...
I always wondered why anyone would invest in Moodys. Well, looking at its trend lines, its consistent ranges, stability and growth with the prevailing market sentiment, it seems like an almost no-brainer as to why you'd start and hold a position in it. While it's hard to want or even give a PT for the stock, it has weathered this year well and should return to...
Follow the comments on the chart! If the price goes up to the size of the stop loss point, put the stop loss on the entry point, Stop loss means that the closing price must be below the Stop line, the shadows are not acceptable. NYSE:MCO SP:SPX
