(MCRI) Investment Analysis

Longer Term Trading Plans for MCRI

  • Buy MCRI near 78.04 target 85.14 stop loss @ 77.81 Details
  • The technical summary data tells us to buy MCRI near 78.04 with an upside target of 85.14. This data also tells us to set a stop loss @ 77.81 to protect against excessive loss in case the stock begins to move against the trade. 78.04 is the first level of support below 83.64 , and by rule, any test of support is a buy signal. In this case, support 78.04 would be being tested, so a buy signal would exist.

  • Short MCRI slightly under 85.14, target 78.04, stop loss @ 85.39 Details
  • The technical…

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