This is an excellent example of “the trend being your friend” (above the green line).
The pink line is a classic All About Trends Pullback Off Highs pattern. On Friday, MOTR triggered a long side trade by crossing above the pink line!
In uptrending markets, it’s the only pattern you need to know.
We scan for set-ups like these everyday. When a stock triggers a trade, we alert our subscribers to it.
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