Last years stocks for Manulife Financial corporation
Rejected in resistance, next time a breakout?
Entered at 18.54 ...and second enter was at 18.80, but I missed it. I would like to own 900 more shares of this company at these levels. If this trade works out, then my potential targets are 20.59 and 19.60. If we get there early, then I will hold until fair value, which is higher.
Could be a short opportunity with recent rejection. Long above the 200DMA
CORRELATION : 93 % CO -INTEGRATION : .78 LONG MFC (GREEN)@ 11.11 SHORT PUK (RED) @ 22.03 AVG DAYS IN TRADE : 11