Technical Trades
Technical Analysis applied to Stocks and Futures.

MWA short

Footnoted recently featured MWA as a stinky candidate. Today is a great technical place to be shorting this stock; right at Fuzzy C resistance at 14.85. A little over 4% risk places the stop just over the January price resistance. Logical target is 5 daily impulses down.

Chart of MWA.gif

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