The price is moving in a narrow range, the momentum is strengthened in the following candles, supported by the crossover of the MACD lines and the volume shift for buying supports the upside as expected
$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 and short MA
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs...
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...
11 minutes ago
Although I am not very bullish on the market as a whole, I see this as very good opportunity to grab some long calls for MA.
With MA being a very stable company, I do not see why they would drop anymore than they already have, also its been following this support and resistance trend for the past 5 months.
The way I will be playing this is on a...
William Alligator : the stock is in a bullish position because the candlesticks are above the Teeth, Lips and Jaw, and the lines are “eating with an open mouth” this indicates that the stock is in a strong uptrend.
RSI : the line is under 70, so the stock is not overbought.
Candlestick patterns : there are three white soldiers which are a bullish...
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Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do...
I like MA long on a pull back to the green box or break of the recent high. Very strong today early but suffered some selling later when the indexes retraced. MA should benefit from the re opening theme. They have also recently add Crypto to the mix by saying that they plan to facilitate transactions in BTC. BTC is strong right now so that may be and extra...