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Macerich (MAC): Potential start of a new uptrend
Macerich Company (The)
Long
Macerich (MAC): Potential start of a new uptrend
By alex_yeo
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Oct 12, 2017
1
Oct 12, 2017
Price has just broken out of the Ichimoku Cloud. It could be the start of a new uptrend.
The idea is to catch a new trend as early as possible and ride on it as long as possible.
No target price to hit. Go long and place a trailing stop along the way as price goes higher. Set a stop loss when you open the position.
For more trading resources, go to:
patreon.com/drwealth/
Technical Indicators
MAC
macerich
Trend Analysis
trendcatching
trendfollowing
alex_yeo
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