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Mattel, Inc. (NASDAQ:MAT)


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#1 Costa

Costa

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Posted 30 November 2014 - 05:12 PM

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

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