The prices are crossing the 200 weekly SMA. My opinion is a possible bound from this level with a tight stop.
If we break this support were going to fall a bit farther here. If you look at the daily chart you will see a huge highway candle and tons of volume.
On the way down it filled the gap from early June, which took it right to the 200EMA at the time, but then just blew right through it to the downside versus bouncing. Inability to catch a bid at the 258 level indicates notable selling pressure still persists.
Long from the 200 daily SMA as showed in the chart
Just a guess, but i think the market will calm down and we see money moving back in after this recent Earning Season.
MTN: vail resorts 2018-03-08 06:45:24 Detected possible increase in guidance
MTN I have been watching MTN , and it looks like it is on one the longest rallying in the history of the stock. It may still have room to grow. I would advise buying some call options that are the closest to the price or buying a few amount of call options furthest from the price. To offset the option I would short the position, and continue to hold the short...
Do we have an upside down Gartley here which could mature into an upside down Cypher pattern? If so, I'm assuming there will be a .786 retracement to about the 117.87 area.
breaking out for next leg, Dec 90/92.5 1x2 Call Spread a possible trade
Double bottom, confirmed. Triangle brake_out.(1 , 2 fractal) MACD bullish. Entering typical end_summer/fall period of stock out_performance. (seasonal) Progress in its key ski resort litigation, Park City operations, ahead of this ski season. 52wk Range: 64.47 - 79.96 Target_1 : 82.40 Target_2 : 85.25
Warning: Thin stock. However, it is a good technical trading stock. Note the distribution pattern (head & shoulders top, actually). Risk 3 average true ranges. Reward: 64-63 per share from 67.78 last. Tim 5:13PM EST Tuesday 5/13/2014