MCDERMOTT INTERNATIONAL INC - NYSE: $MDR Shaping Up

2019년 7월 25일After breaking above and recapturing its 200 DMA earlier this month, MCDERMOTT INTERNATIONAL CORP - NYSE:MDR is starting to show signs of life and presently finds itself trading within a flag pattern as we can observe from the Daily chart above.

While further works is required, MDR currently trades above all of its important moving averages 20/50/200 DMA's, which depicts a healthy technical posture.

Moving forward, both investors/traders may want to continue to monitor the action closely for if MDR is capable of clearing the $11 hurdle and can 'stick' at any point in the days/weeks ahead, such development would likely trigger a move into the $12 - $14 zone from a short-term perspective with potentially higher levels down the road.

Thus, investors/traders may want to put MDR front-and-center on their radars for clues/evidence that MDR may be ready for loftier levels.

2019년 8월 19일

거래청산: 스탑 닿음

MMDR proves why it's important to use stops in trading.

Minimize losses and let winners run.