$MTBLow volume, and the fail into turning reistance into support for the move up. by FloManZPublished 2
Bank continues in its uptrend?Looks like this bank stays in its uptrend. Tested support line and breaking out from a wedge. RSI: Long support line holding, do not like the falling highs... MACD: Positive crossover WMA: 10 above 20 Volume: High volume when reacting on support. Targets: 196 and 220Longby Presario1978Published 1
MTB - Day trade setup This has to gap down, (my preferred outcome) or break below 175 and this will trade right to the 200MA.. That is the next support. Shortby carley621Published 1
Mtb on the edgeOne of my favorites technique is trading rectangles. What i really like is to find a Stock that is on the resistance of the price and at the same time in the resistance of time. What I do is multiply the distance in days between the first two tops in the rectangle by the fibonacci proportions. This gives me the next inflections days in the future. As we can see in the MTb, the distance is 12 days between the first top and the next one. 12 X 1,38 = 16 ,56 days. And we found a bottom . 12 x2 = 24 we found other bottom... 12 X 2,38 we have 28,96.. 29... we found a top... the next inflection point will be 4 days from now... this allow me a sell in the break below the low of the last bar. stop above it. target 121.00 Shortby alexandre.wolwaczPublished 221