Stocks Trading Idea of the Week
This week Trade Ideas Technology points to a chart derived from the “Alpha Predator Pro” Top List scan. MTW is considered to be live if it trades at 5.97 this week. Stocks on the “Alpha Predator Pro” scans are showing signs of strength on many time frames as well as higher market caps companies. MTW happens to be breaking out of a trend line after building a nice base above 5.50.
The suggested stop for this position will be 5.40. As usual, your position size should be enough so that a stop loss at 5.40 is the maximum dollar loss you are willing to risk. A solid upside target for this stock is new highs of 7.58.
You can also Check out “Holly” our New Artificial Intelligence Trade Ideas Investment Discovery Engine on our Showcase Page on the My Trading Buddy WebsiteYou Can also view our LIVE Stocks Watchlist on the My Trading Markets Analysis Magazine HERE – with Three groups of Stocks to Watch during the week. The Stocks Watchlist data will be for; Top 5 Stocks Up the Most over 5 Days % with Positive EPS, Top 5 Biggest % Movers into the Close and Top 5 Turnaround Candidates after Gap down.