MRC, Stock Analysis 
No Comments A low reliability candlestick can be seen on MRC’s chart today after it keeps its price closing below the 20day SMA or the middle of Bollinger Band. Will it gives a cue for a bounce play? There are still traders trapped during the rally and no rescue attempt was made yet. Is this the time [...]
MRC, Stock Analysis No Comments MRC have been going south for quite a while now. Yesterday we saw a Doji but just the same as few days back, it seems that MRC doesn’t follow Doji’s. Will it follow today’s cue from Inverted Hammer? Just be careful because like Doji, reliability of this signal is low. If you do a test [...]
MRC, Stock Analysis No Comments Looks like this stock is about to reverse from the downtrend, technically. Its price movement on the last trading showed a Long-legged Doji. This medium-reliable candlestick, when found at the bottom of the trend suggests that a reversal will soon to happen. This candlestick shows that there is a great deal of indecision in the [...]