The PEAD projected a bullish outlook for NYSE:MMC after a negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 60%.
Company: Marsh & McLennan Companies
Ticker: MMC
Exchange: NYSE
Sector: Financial Services
Introduction:
Hello and thank you for taking the time to read my post. Today, we analyze the Marsh & McLennan Companies (MMC) chart on the weekly scale, focusing on a classic price pattern called the "Rectangle Pattern." Marsh & McLennan Companies is a global...
The PEAD projected a bullish outlook for NYSE:MMC after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 63.64%.
Within a channel, looking like ABCDE according to Elliot. Volume flow toward longs, and I bet P/C Ratio is bullish also.
I never shared an idea on this one for a while, but you can see a Gartley painted in there and the result.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci...
The PEAD projected a Bearish outlook for $MMC after a Negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 66.67%.
The PEAD projected a Bullish outlook for $MMC after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 50%.
Lately ive been picking from Warren Buffets Portfolio and finding stocks in
the same industry to outperform
I will re invest when im Guaranteed the markets recovered
Sector: Financial
Industry: insurance brokers
RECOVERY YIELDS FROM JUNE
MMC 20.02%
AJG 27.62%
BRO 26.15%
BRP 41.74%
CRVL 26.10%
ERIE 37.73%
In Conclusion
BRP for the win in a recovery DO YOUR...
MMC Is testing a parallel resistance zone This can be compared to a previous point in price evolution history where this occurred also Both situations will result in a short rejection
The PEAD projected a Bullish outlook for $MMC after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 60%.
Bearish
Fundamental
- Funds are distributing
- Top industry group
- Top position in sector
- Positive returns
- Negative PEG
TA
- Bearish divergence on the momentum theory indicator
- Momentum is diving
- Long pin bar rejection
- Price broke 2 years upward trend line
- Double tops
- Price below neckline major S/R
One of the global professional services firms that is still enjoying the bull run but is it for long and can retail investors join it?
Fundamental indicators:
Revenue and Profits - consistent long term growth for the past 10 years
Profit margin - effective company with circa 16%
P/E - overpriced at 25
Liabilities - no problems
Technically:
...
The PEAD projected a Bullish outlook for $MMC after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 100%.
NYSE:MMC
Yesterday the price closed above resistance, making a new ATH.
What are your expectations for MMC? Please leave a comment.
This is what I see on the chart, please correct me if I am wrong.
- We have a purple square as support, because MMC opened higher there is a small gap.
- I see a Cup and Handle pattern that started on 30-12-21.
Cup...
Just another in a series of similar charts where a textbook short is setting up on the weekly. Risk/reward to first PT/Stop loss is excellent in the zone indicated.
The PEAD projected a Bullish outlook for $MMC after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%
Note: I last spoke about MMC around mid October and since then it has consolidated and now it's showing signs of going higher.
* Excellent earnings
* Very strong up trend
* Very high 3-mont relative strength of 6.87 in the Financial sector
* Breaking out of a ~2 month base with higher than average volume
* We can see that it tried to break above earlier but came...
