Motorola Solutions, Inc. MSI reported strong third-quarter 2023 results, driven by the diligent execution of operational plans and healthy growth dynamics backed by solid order trends. Both adjusted earnings and revenues surpassed the respective Zacks Consensus Estimate. In addition, Motorola achieved record third-quarter revenues, earnings, cash flow and backlog,...
Similar positions in Green circles
Potential for a rise that was seen in the earlier green circle, pushing price above the Major Trend line by a lot
There is a sneaky double bottom in both cases (dotted line)
The big Chart pattern is a Descending Broadening Wedge
Hello traders. I hope that I can help you with my strategy, It´s only my opinion. I Would thanks if you say me your opinion. Bay and good trading!!!!!! NYSE:MSI
Price forming a H&S pattern with divergence on RSI. If the right shoulder starts falling soon, then we can enter now with great risk-reward. Adding another short on the break of the neckline.
Weekly level shows resistance right on the 78.6% fib level from the all-time highs (see below).
Price targets of banks and investment funds are below $120 at least, so...
