On $MTW Earnings Release Day, the Downtrend Ceiling Is $14.46
MTW has a chance of breaking long term downtrend line on earnings day 10/28/2019
CAT reported horrible earnings today, Yet still bounced about $2 on Valuation, Heavy Equipment Sector May have found a Bottom.MTW has an Inverse Head & Shoulders Pattern, & Has Broken out of the downward trajectory trading channel ahead of Earnings.
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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.