MCO appears to have found support at 80k sat after the sell-off from the latest exchange news. If it continues on the current trajectory, I expect it to either complete the cup and approach the 127k sat level or hit resistance at 120k sat and continue trading within the large wedge until next week. Any thoughts or constructive criticism are welcome.
MCO has news of new exchange listings on Dec. 14, 2017. Soon we will see if MCO will follow the rising support or confirm the wedge by retracing before the exchange news takes effect.
