Free stock pick for 04/01/2011
Free stock pick for 04/01/2011
Maintowoc Co Inc (MTW) - Long
Technical Analysis:
On the daily chart we can see that MTW try for new high is 3rd try and this can be very positive, but also we know that if 3rd try wont work we can see strong reversal. Because of that I will use intraday (15 min) consolidation for trading plan. MTW can be used for day trade but also can turn in to swing. This is situation what I like and that mean with intraday setup we can see swing move.
Fundamental Analysis:
Earnings growth in the past year has accelerated moderately compared to earnings growth in the past three years (positive). The most recent quarterly earnings report was significantly lower than analysts' consensus forecast (negative).
For other trade setups with trading plans and chart explanations use free trial and subscribe for one of our services.
Ivica Juracich trading style explanation: For click here
If you have any questions, please feel free to contact me.
Good luck trading today!
Ivica Juracic
XpertStockTrader.com
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.