M&T Bank Corporation(MTB) Stock Analysis - Semi-Long term Trade
Here is a short analysis based on technical support and resistance for M&T Bank Corporation(
MTB). If the 114-110 level is broken, the setup is not valid anymore and would exit the trade and look for better entry at 90. Expect to hold this trade for few months.
Two potential buy areas:
Buy area 1: 129
Buy Area 2: 114-110
Two potential sell areas:
Sell Area 1: 140-142
Sell Area 2: 160-165
MTB). If the 114-110 level is broken, the setup is not valid anymore and would exit the trade and look for better entry at 90. Expect to hold this trade for few months.Two potential buy areas:
Buy area 1: 129
Buy Area 2: 114-110
Two potential sell areas:
Sell Area 1: 140-142
Sell Area 2: 160-165
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