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MDR McDermott International Inc Stock Analysis
Picture worth a thousand words. From chart, price action has crossed below River and stay below River. The price action has resisted River. River is slopping down; bearish bias. However, when you overlay Gartley Reversal Strategy. You find there is clue on the buy probability.
Has the stock find a support? Will see.
August 6, 2015 McDermott International Inc
Another Scenario McDermott International Analysis From Year 2012
From the chart you can find inverted Head and Shoulders and a Head and Shoulders in progress.
August 6, 2015 McDermott International Inc Data Since 2012
Remember all setup can fail. So wait for market to show hand. You can buy or sell depending what the market info.
Thanks for visiting the website.
Moses
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