MTB trade ideas

EWFcw Updated 

M&T Bank (MTB - US) seems within B wave triangle. If brakes then only - sell for C down wave with stops above 110.90.

Michael_89

Yup

potatox

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CryptoMacroTrend

NYSE:MTB M&T Bank Corporation (NYS: MTB) announced recently plans to invest heavily on a tech hub to develop financial technology. Those investment announcements usually have a temporary downward effect on the price, even if the long term effect on fundamentals is positive. In fact, M&T associated companies have shown interest in financial technology such as...

FloManZ

Low volume, and the fail into turning reistance into support for the move up.

Presario1978

Looks like this bank stays in its uptrend. Tested support line and breaking out from a wedge. RSI: Long support line holding, do not like the falling highs... MACD: Positive crossover WMA: 10 above 20 Volume: High volume when reacting on support. Targets: 196 and 220

carley621

This has to gap down, (my preferred outcome) or break below 175 and this will trade right to the 200MA.. That is the next support.

LekkerCapital

GL

alexandre.wolwacz

One of my favorites technique is trading rectangles. What i really like is to find a Stock that is on the resistance of the price and at the same time in the resistance of time. What I do is multiply the distance in days between the first two tops in the rectangle by the fibonacci proportions. This gives me the next inflections days in the future. As we can see...

Barker

www.stocksetups.com