MMC breaking out of consolidation!
* Great earnings
* Strong up trend
* High relative strength in the Financial sector
* Breaking out of a month long consolidation with higher than average volume
* Pays dividends
Note:
* Earnings are coming up this week. Given it's past performance we can expect it'll have a good report and the price to go higher.
Trade Idea:
* You can enter now as indicated since it's still very close to the broken resistance
* If you're looking for a discount you might find an entry near the 159.40 area
* Strong up trend
* High relative strength in the Financial sector
* Breaking out of a month long consolidation with higher than average volume
* Pays dividends
Note:
* Earnings are coming up this week. Given it's past performance we can expect it'll have a good report and the price to go higher.
Trade Idea:
* You can enter now as indicated since it's still very close to the broken resistance
* If you're looking for a discount you might find an entry near the 159.40 area
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