Going long MTW Tuesday morning
MTW is printing a bullish candlestick over candlestick price bar on heavier above average volume right above its 50 DMA with my momentum/trending oscillators confirming the price move. I am going long MTW Tuesday morning using a limit (GTC-BUY-LMT) order @ 40.64. I will have two trailing sell stops (GTC-SELL-STP) @ 38.79 and 37.03 to protect my initial invested capital in case MTW does not move higher immediately. I am expecting a measured move similar to all or part of the previous uptrend from November '16 - November '17.
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