Bullish Divergence on the annual time frame indicating a continuation of the annual trend targeting $300. Oversold stochastic showing that bears are loosing control and bulls are entering the market gaining the opportunity to earn some sweet dividend pay outs. RSI indicating Market exhaustion the the downside is over and a bull run is beginning and will continue...
Fundamentals: - bank problems caused by high interest rates Technicals: - short breakout below 9 month support and 200 week moving average
I think MORN STOCK is a good stock. we can try our luck
buy only above 164.25 target 168.25 172.25 SL 160.25
MORN: Morningstar, Inc. 2019-10-17 09:00:00 Morningstar Acquires Cuffelinks and Expands Investment Commentary
-----PRICE TARGET $162------ COMPANY PROFILE Morningstar, Inc. engages in the provision of independent investment research. It offers morningstar data, morningstar direct, morningstar investment management, morningstar advisor workstation, workplace solutions, pitchbook data, morningstar.com, morningstar enterprise components, morningstar research, morningstar...
Only if the prices will go directly (without stop) on the 200 daily SMA could be a nice occasion to enter for a rebound
Price moves mostly in the rising channel. After the breakout of local inclined resistance there are confirmed: 1. double bottom (with retest of it's neck by the second signal) 2. flag (with breakout of the top line) The recommendation is to buy: Entry point 85.00 Stop-loss 82.43 (-1 tic of flag's low price) Target 91.00 (according to target-sizing...