MBIA Inc. (MBI) is a financial services company that specializes in bond insurance and investment management. It provides credit protection to municipal bonds and structured finance products, helping investors manage risk. As economic conditions improve and demand for insured bonds rises, MBIA benefits from increased market activity and the need for financial security.
MBI recently showed a confirmation bar with rising volume, moving into the momentum zone. The momentum zone is price above the .236 fib level of the current trend. This suggests growing investor confidence and potential for continued upside. A trailing stop can be set at the Fibonacci 0.236 level using the Fibonacci snap tool, this allows traders to protect gains while staying in the trend.
MBI recently showed a confirmation bar with rising volume, moving into the momentum zone. The momentum zone is price above the .236 fib level of the current trend. This suggests growing investor confidence and potential for continued upside. A trailing stop can be set at the Fibonacci 0.236 level using the Fibonacci snap tool, this allows traders to protect gains while staying in the trend.
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link.traderspro.com/4aKGhiHD
Read on substack
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link.traderspro.com/f39nzb0t
Daily email newsletter
link.traderspro.com/kuPneCQK
Top daily idea articles
link.traderspro.com/4aKGhiHD
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.