Continuing MATTEL's growth
With the formation of local and continuing long trend there are 2 potential buying signals:
1. Flag
2. Volume divergence
Recommendation is to buy
Entry point 33.00 (breakout of top flag's line)
Stop-loss: less risky 30.00 (turning to this support level breaks long-vision)
more risky 32.20 (-6 tics 32.26 current flag's low point)
Target pirice 40.00 (according to sizing and Elliot's waves methods of target prognosis)
1. Flag
2. Volume divergence
Recommendation is to buy
Entry point 33.00 (breakout of top flag's line)
Stop-loss: less risky 30.00 (turning to this support level breaks long-vision)
more risky 32.20 (-6 tics 32.26 current flag's low point)
Target pirice 40.00 (according to sizing and Elliot's waves methods of target prognosis)
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