Based on my graphic analysis I observe a bearish projection reaching minus 6,5% in the price of this corporation, that is; from $585 it will drop to $548. With a buy exit emerging at $615, it is worth remembering that the exact time the decline will take is unpredictable, the market will simply do its job. We can mention that it will happen within the next 20-30...
All these 3 stocks are leaders in the Building Materials industry. NASDAQ:USLM is the clear leader between the 3, breaking from its 2022 highs earlier. The technicals between NYSE:MLM and NYSE:VMC are very similar but, the fundamentals are another story. Martin Marietta NYSE:MLM , produces crushed stone/sand/other aggregates for...
The PEAD projected a Bullish outlook for $MLM after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.
The PEAD projected a Bullish outlook for $MLM after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.
MLM Initial Short on the Daily . 5x leverage. TPs and SL on the chart.
MLM setting up an ascending triangle Base range measurement and classic price target are plotted on the chart Look for confirmation in the form of a break and retest
mlm sell jun22 240 puts take in premium and hold for long and free income
The company is very well managed and generates a good stream of profits. The total debt reached 2.6B, with a total turnover of 4.8B per year and profits of 720 million dollars per year. With Biden's infrastructure plan, the company will be a major beneficiary, however the share price already fully reflects this possibility. We therefore believe it is appropriate...
MLM has been building strength and continuing. Although sometimes a high RSI means something is overbought, sometimes it can signal strength. Every time the RSI and MACD spike, it ends up being a sign of building strength and momentum in MLM as marked by the blue vertical lines. There was a bullish Golden Cross and with the infrastructure bill around the corner,...
Hey investors, MARTIN MARIETTA MATERIALS is in a very important moment of its history one can attend a new higher historisque. It is in a long term bullish movement with a large buy volume executed and a kind of hammer candle. Looking at the TIMEFRAME M1 we observed a dash with a purchase volume returns made, it came to test the top of the consolidation zone....
Back in September, I alerted to the rectangle breakout opportunity that was taking place. The stock broke out strongly from that consolidation pattern and is now forming a 2 month consolidation rounded base and setting up for breakout round 2.
on September 25th, I posted about the 4 months breakout setting up. Today, MLM reached its price target and reversed closing the day with a shooting start candlestick pattern. I know some of you bought the breakout and sold at target. Nice Trade! here is the Post from sept 25th.
NYSE:MLM is another stock showing relative strength and could be setting a breakout to higher prices in the coming days. A clear daily close above $230 resistance that has been tested multiple times in recent weeks will set the stage for the next leg higher.
$MLM Martin Marietta Inc Rangebound w/ Unusual Bearish Options Activity Today It was rejected today just under $228 resistance near the upper limit of the recent range it's been locked in. Unusual Bearish Options Activity: About ~2,500 $240.00 strike (ITM) January 2021 puts traded today vs open interest of <200 (14x OI) for a total premium outlay of $7M+....
$MLM forming an ascending triangle & is in a squeeze on the daily chart with momentum turning up. $MLM is a public construction company & is moving up nicely with peer construction material company $SUM & $MTZ. Long all three here into their respective triangles. Looking for breakout & daily squeeze to release by end of September as per trend support line.
Earnings in November Martin Marietta Materials, Inc., a natural resource-based building materials company, supplies aggregates and heavy building materials to the construction industry in the United States and internationally. It offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; Portland and...