Martin Marietta Materials, Inc.
Long
Aggiornato

$MLM forming 4 Month #Rectangle #ChartPattern

103
MLM is another stock showing relative strength and could be setting a breakout to higher prices in the coming days. A clear daily close above $230 resistance that has been tested multiple times in recent weeks will set the stage for the next leg higher.
Nota
closed above resistance today but not very convincing. lower than average volume and just barley above resistance.
Nota
that pullback day was a perfect entry. i picked some shares at $228. stop breakeven now with the strong move up today :)
Trade chiuso manualmente
My limit sell order was filled when the stock tagged the weekly sloping trend line on the chart yesterday.

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