dorfmanmaster

Playing Mattel's momentum?

Long
NASDAQ:MAT   Mattel, Inc.
Technical
  • MAT broke and sustained its 200sma resistance a couple of days ago.

  • Todays candle above the trend (pink trend line) are confirmation MAT longer downtrend might be over.



Fundamental / News
  • December 15th tariffs were removed, easing pressures for them. However, 25% tariffs will remain on $250 billion
    Chinese imports and 7.5% will be put on much of the remainder.

  • Mattel (MAT) said Monday, December 9th, that it plans to offer $600 million aggregate principal amount of senior notes due 2027 to institutional buyers, subject to market conditions and other factors.
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