I know this a bull market but I think we will have a hard pull back soon. I don't want to be caught with my pants down so I opened another short. I'm still bullish overall but I feel better hedging my portfolio.
MCO is a financial exchanges and data stock that is breaking out from a May 2022 into June 2023 big base. This pattern favors upside back to the 2021 peaks near 388 and 408 with additional potential to the pattern count at 420-422. Holding 336 to 325 keeps the breakout firmly intact for MCO. Rising 13, 26, 40-week and 200-week MAs underpin this bullish trend from...
Company: Moody's Corporation Ticker: MCO Exchange: NYSE Sector: Financial Services Introduction: Hello and welcome to our technical analysis! Today we're examining the weekly chart of Moody's Corporation on the NYSE. A fascinating pattern within a pattern is currently unfolding, with an inverted head and shoulders formation potentially serving as a bottom...
As you're seeing on this chart - made my 2nd long entry. The first order didn't get filled. I've decided now, that the 38's % fibo retracement seem to give enough support. Would be better if the price has been touching the broken trendline below, but this setup may also work. Let's see. Good trades, folks!
The PEAD projected a bullish outlook for $MCO after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 50%.
In 08 we closed below and broke the 200 sma on a weekly and then retested. From the lows, the retest was 30%. THIS TIME, % are VERY CLOSE to the exact same. Close enough to watch these levels and look for. a bear trade ;-)
The PEAD projected a Bullish outlook for $MCO after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 80%.
MCO has produced a very big cup and handle pattern on the non logarithmic chart A great example
The PEAD projected a Bullish outlook for $MCO 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 $MCO after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 77.78%.
Please dont forget to support this idea with your like, thank you
MCO is offering an intersting short setup here. Risk/reward to first PT is 4.1 with a reasonably tight stop loss.
I think very good chances MCO will touch 0% Fibonacci today in this 15 min chart.
Above the 200 ma with parabolic sars o. The chart enjoying a macd cross above that signal line - gives us a tried and true setup for a move up to $390 The 8-20 $390 call is priced nicely I only plan on being in this a day or two at most - might even exit first day of the contract if it immediately goes my way
Higher prices are expected
1. Head and shoulder pattern, we can open a short position and them Inverse head and shoulther pattern we can open a long position wich confirms the previous trend.
3.12% in Warren Buffett's portfolio💰wait at 254$ and buy, good luck for all. Leave your feedback in comments