RE: Watchlist - Traders method
MTOR made a Stage 2 continuation move on Monday on 5.87x the average daily volume and relative performance is strong and above it's rising zero line. So it's showing good volume on this breakout as it did on it's Stage 2A breakout at the end of April from where it advanced around 46% higher before consolidating under it's previous resistance from the 2012 highs. It's formed a large head and shoulders / cup and handle bottom over the last two years, but is now attempting to make a Stage 2 continuation move to new highs. Attached is the charts.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.