Chart Paint Louder Than Words No. 2 - June 2, 2018
Stocks
MRC Allied, Inc. (MRC)
Last Price: 0.62
MRC Allied, Inc. (MRC)
Last Price: 0.62
Technical Analysis:
- Completed a Bullish ABCD Harmonic Pattern
Trading Plan:
- Recommendation : Buy at Current Price or Lower
- Target Price 1- (0.69) : 2-(0.75) : 3-(0.85)
- Stop Loss : Below 0.57
- Resistance levels are at 0.65, 0.67 and 0.69
- Support levels are at 0.60, 0.59 and .057
- Target Price 1- (0.69) : 2-(0.75) : 3-(0.85)
- Stop Loss : Below 0.57
- Resistance levels are at 0.65, 0.67 and 0.69
- Support levels are at 0.60, 0.59 and .057
DISCLAIMER
As always, it is essential that anyone using this analysis for trading advice manages risk carefully. Trading is about probabilities, not certainties. Accept that this analysis may be wrong. It is impossible for any analyst to predict with certainty what a market will do next.
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