MSM looks to be Triple Bottoming with Triple Bullish Divergence on the MACD above a Congestion Zone and has also formed a Bullish Deep Gartley Visible on the Daily and 4 Hour Timeframes. If it holds we could see the period of consolidation break upwards and given the industrial nature of this stock and how other industrials have performed after experiencing...
Solid dividend stock in the industrial sector for 2024. Has potential for 15% growth in the next couple months while returning a 3.5% dividend. Currently at a storng support level.
A large expanding wedge structure on the Weekly timeframe. A channel can be drawn using a higher low which reveals a path towards the top of this structure. Lets see what happens.
We are testing the Moving Averages as Resistance at the levels of a Potential Right Shoulder and we can see much lower prices from here if we get follow-through.
Hey tradingview community, MSC INDUSTRIAL DIRECT CO is in a bullish configuration with a sort of marubozu with two equal shadows and an explosion in executed buy volume. Looking at the TIMEFRAME M1 we see a tombstone with a continuation of the purchase volume traded, it has come to test the top of the comfort zone to make a fake pull back to reintegrate come to...
Hello Successful Traders, The stock (MSM) appears to have witnessed a significant volatile PA (Price Action) within recent (days) time. From a bird's eye-view, the overall trend appears to be positive (bullish). Acknowledging the current trend direction can provide further opportunities for next few months. Be considerate of market fundamentals (and technicals)...
An intraday high potential, Back Tested Sort Analysis. We ll try to enter into the correction of the uptrend movement tracking ABC correction levels of Elliot wave. Furthermore, a complimentary "If Done" analysis that maximizes exposure to risk, but at the same time exchanges acquired profit to zero losses in order to double initial profit. DETAILS ON THE CHART...
Break below today's low. Stop signal 97.84. Target 88.17/83.67