Monday, August 6, 2018

Chart Paint Louder Than Words No. 6 - MRC Alied, Inc. (MRC)

Chart Paint Louder Than Words No. 6 - August 6, 2018

Stocks
MRC Allied, Inc. (MRC)
Last Price: 0.65


Technical Analysis:
- Breakout Symmetrical Triangle

Trading Plan:
- Recommendation : Buy at Current Price or Lower
- Target Price (1 - 0.78
) (2- 0.98 ) (3 - 1. 17)
- Stop Loss : Below .58
- Resistance levels are at 0.68, .78, 0.88
- Support levels are  at .60 and .58



DISCLAIMER
 As always, it is essential that anyone using my analysis for trading advice manages risk carefully. Trading is about probabilities, not certainties. Accept that my analysis may be wrong. It is impossible for any analyst to predict with certainty what a market will do next.

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