MDC has been forming a cup pattern dating back to 2005. Its UUUUGE! MASSIVE! THE BIGGEST THE WORLD HAS EVER SEEN! No but seriously, YoY and QoQ they have increased earnings and profits in a steady upward trend. From 2017 to 2020, they increased earnings from 2.5 to 3.8 Billion, while at the same almost doubling the profit margin. 2020 which has been a hard year...
Cup handle finalized target 62.5 Entry trigger is set to 55.6, Closing price. Possibility for an upper channel resistance in range. Main and critical support is 51.6 Not recommended to buy or sell MDC stocks Just an Idea,
20 year high 90.7 Pattern only valid above long entry level Bullish chart NV is high Possible rising wedges in past Good luck Not a recommendation