MAXAR TECHNOLOGIES INC - NYSE: $MAXR Nears Potential Break-Out
After recapturing its 200 day moving average last week on healthy volume, shares of MAXAR TECHNOLOGIES INC. - NYSE:MAXR appear to be nearing a potential break-out into higher ground as we can observe from the Daily chart above.
With MAXR now trading above all of its important moving averages 20/50/200 DMA's, the stock finds itself in a healthy technical posture potentially seeking greener pastures in the days/weeks ahead.
In particular, should MAXR be capable of taking-out the $10.05 figure and 'stick' at any point in the days ahead, such development, should it materialize, would like signal/trigger that the stock wants higher ground with and initial objective in the $12 - $13 zone, while from a longer-term perspective, a secondary objective in the $17 area.
Thus, both investors/traders may want to continue to monitor the action in MAXR closely and of most importance, a break above the $10.05 level that can sustain as a sign that things may just be about to heat up.
With MAXR now trading above all of its important moving averages 20/50/200 DMA's, the stock finds itself in a healthy technical posture potentially seeking greener pastures in the days/weeks ahead.
In particular, should MAXR be capable of taking-out the $10.05 figure and 'stick' at any point in the days ahead, such development, should it materialize, would like signal/trigger that the stock wants higher ground with and initial objective in the $12 - $13 zone, while from a longer-term perspective, a secondary objective in the $17 area.
Thus, both investors/traders may want to continue to monitor the action in MAXR closely and of most importance, a break above the $10.05 level that can sustain as a sign that things may just be about to heat up.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.