Short
$MCO Trying Hard...but...
MCO on a nice run. Established a tight upward channel. Big increase in volume. We're about to hit a long time resistance after printing some bearish divergence.Long term, I'm bullish on MCO. They're doing everything right. Their card is nice. Their app is great.
Huge presence at 20/20 an Asian financial conference. Definitely a sponsor at Consensus.
MCO should have great gains this year. But not today. I think we bounce off that resistance this time and goes full bull by Consensus.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.