Morningstar, Inc. is an American financial services firm headquartered in Chicago, Illinois, and was founded by Joe Mansueto in 1984. It provides an array of investment research and investment management services.
Long.
Bullish Divergence on the annual time frame indicating a continuation of the annual trend targeting $300.
Oversold stochastic showing that bears are loosing control and bulls are entering the market gaining the opportunity to earn some sweet dividend pay outs.
RSI indicating Market exhaustion the the downside is over and a bull run is beginning and will continue...
Price moves mostly in the rising channel. After the breakout of local inclined resistance there are confirmed:
1. double bottom (with retest of it's neck by the second signal)
2. flag (with breakout of the top line)
The recommendation is to buy:
Entry point 85.00
Stop-loss 82.43 (-1 tic of flag's low price)
Target 91.00 (according to target-sizing...
