Motorola Inc

AAA

Today we've chosen to take a look at Motorola Inc (NYSE:MOT) because it is nearing an interesting level of support. As you can see from the chart below, investors have been on a wild ride and many are now hoping that the stock will bounce off the $9.40 level like it did in late January. We expect that many traders will watch for another move off the nearby trendline and that they will protect their positions by setting a stop-loss order below today's low. We'll reverse our position if the price closes below $9.40.



You May Also Like

Related Analysis
  1. Chart Advisor

    Profit From Holiday Spending With This ETF

  2. Chart Advisor

    Cocoa Prices Setting Up For A Move Lower

  3. Chart Advisor

    How To Trade The Biggest U.S. Companies In 2015

  4. Chart Advisor

    'Tis The Season For Food And Beverage Stocks

  5. Chart Advisor

    Commodities Set Up For A Continued Move Lower

Trading Center