162 resistence W forming for bullish breakoutA W shape forming on the Daily. This could be a bullish move to test the high from before its correction.
48.50 BRL
−2.14 B BRL
54.13 B BRL
51.97 M
About Mohawk Industries, Inc.
Sector
Industry
CEO
Jeffrey S. Lorberbaum
Website
Headquarters
Calhoun
Founded
1988
ISIN
BRM1HKBDR003
FIGI
BBG00RD78957
Mohawk Industries, Inc. engages in the manufacture, design, and distribution of residential and commercial flooring products. It operates through the following segments: Global Ceramic, Flooring North America (NA), and Flooring Rest of the World (ROW). The Global Ceramic segment designs, manufactures, sources, distributes and markets a broad line of ceramic, porcelain and natural stone tile products. The Flooring NA segment includes floor covering product lines, in a broad range of colors, textures, and patterns. The Flooring ROW segment consists of laminate, hardwood flooring, and vinyl flooring products, roofing elements, insulation boards, medium-density fiberboard, and chipboards. The company was founded on December 22, 1988, and is headquartered in Calhoun, GA.
MHK SHORT / LONG 041824I like Mohawk Industies a little lower to go long. There is a FVG around $100 per share and I would set an alert to go long at that position.
If you wish to go short in the next 2 weeks, I would tread carefully and exit with a quick TP.
Otherwise setup an alert for price to reach $102 and hit buy
longBuy at retest area.Classic! Wyckoff
Price broke resistance and retest the resistance turns support area
#MHK two-cause resistance levelFirst reason:
An analysis of options trading results from the previous trading session revealed abnormal trading volume at strike 110, significantly higher than the average #MHK option trading volume( more than 1000% of average)
Second:
The analysis of the graphs indicates that there is a signific
MOHAWK INDUSTRIES, INC trading signal MOHAWK INDUSTRIES, INC Buy long signal @128.15
Trading ideas every day at investsy.io/#/signals
Mohawk Industries (NYSE: $MHK) Sitting In Golden Pocket! 🚧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 A
MHKMohawk Industries Inc. the world's largest manufacturer of flooring for residential and commercial markets. The company manufactures a wide range of ceramic tiles, porcelain tile, natural stone tiles, carpet tiles, carpets, carpet cushions, laminate and vinyl products, and more. Mohawk is a major su
Mohawk is oversold. Is this one ready to run up?I have changed up how to best display projected movement. In the case of MHK, 4 of my algorithms signaled a BUY on March 24, 2021. Equities nearly always obey the signal and move up, but sometimes it may continue to move down first.
I have placed two red boxes and two green boxes on the chart. The
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Displays a symbol's price movements over previous years to identify recurring trends.
