Stay 
Trading Conditions
Products
Tools
Red line- upper triangle boundary
Green line- lower triangle boundary
In previous posts we warned bulls in MA stock to be careful as a rejection at the resistance around $360 could lead to another pull back towards $300. The descending triangle pattern we have noted since earlier posts, is so far following the bearish scenario. Price tests the upper triangle boundary, gets rejected and turns lower towards the lower triangle boundary. In this case the lower triangle boundary at $300 is getting closer. We continue to expect MA stock price to move towards the green support line around $300. We remain bearish as long as price is below the red trend line resistance.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of Instant Trading EU Ltd including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.
We are sorry for any inconvenience caused by this message.
