Jan. 31 at 9:14 PM
$MAT is testing a 5-year "Brick Wall" at
$22! 🧸🚧
The chart is coiling perfectly, but the volume is still too thin to confirm the breakout. With an Inverse Head & Shoulders building on the weekly and Feb 10 earnings looming, we either blast to
$30 or flush back to
$18. Watch the tape. 🐳🔥
🐂 Bulls: Must clear
$22.16 on 2x relative volume to target the
$30 gap fill.
🐻 Bears: Looking for a rejection at
$22 to target a slide back to the
$18.50 floor.
Confirming level:
$22.16
#MAT #Mattel #StockMarket #TechnicalAnalysis #hovdid