MCS Hotels resorts and movie theaters Cup and handle forming?MCS killed earning s a few days ago and this stock fits the reopening theme . Sales were up 332% and earnings beat by 102%. Chart is very interesting.Longby djh860Published 0
$MCS Pretty TightI tried $MCS back on June 25th and posted here (entry/exit arrows on chart). If failed and dropped over 35% (stops work, don't they?) It caught my attention tonight with this tight setup. That said, look left. Tons of supply overhead. It might still work. Its a recovery plan.Longby TaPlotPublished 2
$MCS Cup with HandleMany folks want to get back to the movies. $MCS putting in a cup with handle. Adding it to #TAPLOTWL Depends on how it closes today, it could be putting the bottom of that handle. I like it.Longby TaPlotPublished 0
MCS - Marcus Corporation slight pullback?Marcus is looking like a good buy at its current price, but I would feel even more comfortable buying below $20.50. I see long term potential as the world tries to find a post pandemic normal. Keeping an eye on this one for sure. Only Time Will Tell.Longby MrxMvPPublished 1
MCS pennant breakout swingBack to 19.15 in short order, possibly to 20.10 Daily support at 16.60 Bullish volume Breakout from previous leg of 6.75 rise Short term swing hereLongby lhilarylPublished 1
Im going long under $10Look for this to trade sideways for a while. As the world starts to return to normal this can double again. Ill be adding below $10 and selling at $15+by QuaaaaaaaPublished 0
Confirmed SHS on NYSE:MCS?Looks like we have a confirmed SHS on MCS, keep an eye on it. MCS might begin the reversal or might do a retest and then dropdown. The MACD indicator is negative and we have a downtrend on the RSI. Let me know what you think and remember this is not financial adviceby DivanRPublished 113
The Marcus. $MCSRSI is just above the 50.14.90 is the resistance to get over.by TheBullseyePublished 5
Marcus Corp (MCS): Very Strong UptrendFrom a technical standpoint, Here are the positives for-MCS: 1. Currently multiple buy Fractals (highlighted in green box). 2. The top upper indicator is a 34 day moving average, and this is positive. Very strong. 3. The alligator is feeding in the uptrend. 4. Prices are trading above the Ichimoku Cloud. 5. The Forward Momentum indicator (lower top) is strong. ** 6. The Ichimoku Cloud is rising. 7. The 233 day moving average trend line is rising (this is a Fibonacci number). 8. According to Bill Williams, you can establish an entry point, again and again, with each new valid Fractal. 9. The indicators under the chart (Chop, Chop Zone) have been green (up) for a long time. This is positive if you are long. But (important), when there is a draw-down, you can use this opportunity to establish your entry point, or, accumulate more in your position. ** The lower indicator on top is a forward projection. For an estimation of possible FORWARD TRENDING I use the Ichimoku Cloud Senkou Span A (Leading Span A): (Conversion Line + Base Line)/2)). This is the midpoint between the Conversion Line and the Base Line. The Leading Span A forms one of the two Cloud boundaries. It is referred to as "Leading" because it is plotted 26 periods in the future and forms the faster Cloud boundary. I then make an oscillator out of this and plot the progress up and down around a “zero line”. I HAVE THE RESULTS OF THESE CALCULATIONS FOR-MCS IN THE TOP LOWER INDICATOR. IT IS VERY POSITIVE. Possible negatives : slowing of upward momentum and a possible bearish AB=CD pattern. I don’t think that these will be negative enough to stop the up-trend. Conclusion , pick an entry point on a trending stock (or asset), and let the trend be your friend. Good luck to you on all your trades. Don. Longby 649brunoPublished 6