Mattel, Inc. (NASDAQ:MAT) is testing the neckline of a potential inverted head and shoulder bottom. The bulls have to clear that level in order to continue climbing. The target of this pattern would be around 34.50. The technical indicator MACD is showing strongly bullish momentum and RSI continues to move higher. Until proven otherwise, my bias is to the upside.
Full article: Stocks to Watch for December 01
Mattel, Inc. (NASDAQ:MAT)
Started by
Costa
, Nov 30 2014 05:12 PM
No replies to this topic
#1
Posted 30 November 2014 - 05:12 PM
Costa
AC Investor Blog Keep up to date by subscribing AC Investor Blog newsletter or RSS feed. You may wish to also follow me on Twitter.
AC Investor Blog Keep up to date by subscribing AC Investor Blog newsletter or RSS feed. You may wish to also follow me on Twitter.