A price action above 51.00 supports a bullish trend direction.
Increase exposure for a break above 53.00.
The target price is set at 60.00.
The stop-loss price is set at 49.00.
Testing its 38.2% Fibonacci retracement level, which is also close to the confluence of the 200-day and 200-week simple moving averages.
Furthermore, the price action to the lower range of...
A rising megaphone structure has formed with price currently trying to find support in the middle of it.
If support is found another test of the upper trend line is possible.
Daily timeframe.
The PEAD projected a Bullish outlook for $MAS after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 66.67%.
Bearish divergence is notable!
Correcting from overbought territory.
High confluence of overbought price levels also supports a temporary pullback.
Correcting from the upper range of the linear regression channel - supporting a mean reversion trade.
$MAS Masco Corp - Range breakout this week with close above resistance.
Ideal entry is a pullback and successful retest of support near $60.
Medium term target - $75 possible by August (~25% return)
Note: This is NOT investment advice. Educational only.
Long 60.26 Looks like a rectangle.
This one has spent a ton of time consolidating. The rising wedge has most likely recovered...your opinion?
I just thing this is a bullish move, but we all have our own opinions. You can subtract the cup low from the cup high to get an idea where this may go. I have a feeling it will go higher in the long run though. I...
Stop: 51.00
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Long when stock gets moving
MAS has broken bottom trendline of the bearish narrowing RW, and seems to be a bit stuck s of late as far as recovering
The rest of this sector had a pull back and off they went. Most of it's cohorts were not in a rising wedge though
I am hoping MAS makes a come back before this sector rotates out
NV and OBV are high
Short...
MAS - It has completed impulse in 4 hr time frame with truncated 5th wave. The current price action is in B wave within ABC correction downside. Sell on bounce near 56 - 57 level with stop level above 60.05 for target zone below 52 level.
Give thumbs up if you really like the trade idea.
This one does not pull back much when it does pull back as of late.
Very close to most recent high so perhaps a pull back is coming.
Not a recommendation
NV is high. I use NV to see if large players are buying as they normally buy on down days
Masco Corporation designs, manufactures, and distributes home improvement and building products in North America,...
Hey traders, MASCO is in a very important period of its history, it is at its highest historical. The shadow is a fake signal from the sellers of an unimportant drop, it goes in the direction of its last previous lower to start again on its rise. With great potential to break the consolidation zone to join the new zone if the buyers push the price down.
Please...
I realized that Masco could breakout a couple days ago, but never posted it because I didn't know how far it could run up. I'm still not sure, but considering home building is making a strong rebound, it could continue to break its all time highs.
Big pictrue of fundamental analysis and technical analysis. market is green but not in all time high
Write sometning about your psyhology thinking before trade? today is not my day i feel like I am a little ill
Describe the trade. What you see? there is rising wedge violited and now i expect a little pullbac and then traveling down according to book
Write why you...
