Bullish on MSI
Analysis Price Target: 180.19
Short Float: 1.41%
Looks to be bouncing off trendline support
Crossed 50 SMA
Should fly after breaking out of its current down channel
Also showing a Tower Bottom Candlestick Pattern!
My Plan:
IN: 164.85
Trailing Stoploss: -3.75 (1.5 x ATR)
Profit Target: 180
Risk/Reward Ratio: 4
Willing to increase position on Channel break/ (168.25 Previous Peak/Resistance)
"MSI has secured a $23.8 million contract from the U.S. Department of Defense to bolster mission-critical communications infrastructure among the first-responder community in the U.S. Navy. The deal is likely to augment the communications equipment maker’s competitive position in the public safety ecosystem." -Yahoo Finance
https://finance.yahoo.com/news/motorola-wins-u-navy-deal-133301192.html
https://finviz.com/quote.ashx?t=msi
http://www.finvids.com/Candlestick-Chart/Tower-Top-Bottom/
Analysis Price Target: 180.19
Short Float: 1.41%
Looks to be bouncing off trendline support
Crossed 50 SMA
Should fly after breaking out of its current down channel
Also showing a Tower Bottom Candlestick Pattern!
My Plan:
IN: 164.85
Trailing Stoploss: -3.75 (1.5 x ATR)
Profit Target: 180
Risk/Reward Ratio: 4
Willing to increase position on Channel break/ (168.25 Previous Peak/Resistance)
"MSI has secured a $23.8 million contract from the U.S. Department of Defense to bolster mission-critical communications infrastructure among the first-responder community in the U.S. Navy. The deal is likely to augment the communications equipment maker’s competitive position in the public safety ecosystem." -Yahoo Finance
https://finance.yahoo.com/news/motorola-wins-u-navy-deal-133301192.html
https://finviz.com/quote.ashx?t=msi
http://www.finvids.com/Candlestick-Chart/Tower-Top-Bottom/
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.