MHP has even broken the $25 support - there's really not much there to hold it up below that point.
MCO is $3 away from the march low - also very weak support.
Friday, September 25, 2009
Moody's (MCO) & Mcgraw Hill (MHP) - Potential Shorts
Both are now in confirmed downtrends, with high volume selling going on over the past week or so. Wouldn't recommend starting a short position right now - wait for the retrace back to 20 EMA.
MHP has even broken the $25 support - there's really not much there to hold it up below that point.
MCO is $3 away from the march low - also very weak support.
MHP has even broken the $25 support - there's really not much there to hold it up below that point.
MCO is $3 away from the march low - also very weak support.
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