if it can get over 23.10 looks good w/ RSI and MACD rising
MTW expected to open at 23.10 for a Retest Gap. Learn to trade this strategy for free at www.RealLifeTrading.com
Notes on chart - no clarity for me here - I can see what it did, but not what it's going to do.
Manitowac $MTW has an ascending triangle after it's big drop of 17% last week. Rising support and a flat resistance line. Wait for the break out above resistance before buying.
TODAY HAS SEEN REJECTION OF LOWER PRICES (LONG PINBAR) LONG THIS THING TOMOR AND YOU'LL BE PLEASED IN THE NEAR FUTURE.
Increased volume in the Aug 31 Calls and Aug 29 puts
Looking good
see also my other charts
caught 50wma
MTW seeing some hefty put spread buying.
mtw
