MOHAWK INDUSTRIES, INC Buy long signal @128.15 Trading ideas every day at investsy.io/#/signals
Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces in the United States, Europe, Russia, and internationally. It operates through three segments: Global Ceramic, Flooring North America (Flooring NA), and Flooring Rest of the World (Flooring...
$MHK displayed a open drive pattern, gapping up from $159.71 to $168.04 during the second week of February trading week. The share price further soared to this week's high of $185.85, before tumbling to a low of $168.1 as Federal Reserve Chairman comments this morning reignite global stock jitters. At the current junction, $MHK remains supported by its 20DMA,...
Mohawk Industries NYSE:MHK seems to be on the way to a long-term short target of $60, based on a 1:1 ratio projection from the $286.85 top in 2017.
Sometimes happens when the stocks don't follow the trendline, a free fall could be triggered pretty fast. However, it could be a very good opportunity to buy at that level. Stay tuned for it. Learn how to beat the market as Professional Trader with an ex-insider! Be part of an elite trading group. Last course of the year on November 2nd, 2018. Have a Nice...
I believe MKH is headed down for the Month. :(