Disclaimer: This is my personal stock chart diary and doesn't suggest any trading tips. Due diligence is a must.

My personal trading mantra: Keep It Simple Stupid

Thursday, March 23, 2017

MRC Allied Inc #MRC

MRC Weekly Chart

  • Price is now moving near resistance area and STS is already on overbought level.
MRC Daily Chart
  • After the breakout last week (Mar 16, 2017) price is now moving higher.  However, be cautious though as pullback is expected to happen.
  • It looks like it formed a deep cup and waiting for the handle to find immediate support.

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