MTW Break Out Passed $56 Resistance
Posted on Thu 16th Nov, 2006 10:13:47 AM
Straight from our watchlist here at StockTrading101, shares of Manitowoc Co (MTW) broke out of its nearly 1 month base yesterday to close at $56.51. The stock traded up on 847,100 shares, which though is accumulation is still barely over its daily average volume. Today thus far the stock has barely traded any volume, and is sitting at a real time last of $56.67. We will continue to keep an eye on it and see where it goes from here. Your buypoint on this one was $56.10 and a effective stop loss could be placed at $53.
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(MTW) The Manitowoc Company Posts a Net Loss
(Stock Blog Hub, 2/6/10)
(MTW) The Manitowoc Company to Refinance its Debt
(Stock Blog Hub, 1/19/10)
Manitowoc Co. Will Be Removed From S&P 500 Index
(Disciplined Approach to Investing, 8/26/09)