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MA 2024 Resistance Levels

MA 2024 Resistance Levels

Summary

MA began to trade in an ascending channel in late July. In mid-September, the stock easily surpassed resistance levels of $490 that were seen earlier in the year with little corrections around the time the prices were tested.

The stock has since ran out of steam testing resistance levels around $535/share, encountering patterns such as gravestone dojis, tweezers tops, and dark cloud cover patterns as it tests this key level.

Key Patterns

7/24 thru at least 11/29 - Ascending Channel

7/31, 11/11 - Gravestone Doji 📚

9/18 - Bearish Engulfing 📚

10/21, 12/3 - Tweezers Top 📚

12/12 - Dark Cloud Cover 📚

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