On April 28, 2017, the MetLife 20 day moving average (DMA) crossed below its 150 day moving average (DMA). Historically this has occurred 24 times and the stock drops a minimum of 1.184%. The median drop is 3.894% and maximum drop is 10.709 % over the next 12 trading days.
When we take a look at other technical indicators, the relative strength index (RSI) is at...
$MET broke coil to downside on daily.
However, w/ the .618 fib touch, bounce, and break above the .5 and .382, could see a complete reversal here if we see a break of apex to upside, and still has major MA's above.
Could just be a retest, but gap still open above wedge.
