Stock Trading : Iron Mountain ($IRM) looks like its setting up for a breakout


Stock trading : Iron Mountain ($IRM) recently captured SMA200 which is a bullish price action.  For many stock market participants like stock traders, swing traders, asset managers and analysts, this is a possitive bullish action that could lead to a potential upside.

Many stock market traders, especially technical analysts and those that rely highly on stock charts believe that money follows SMA 200, that is, as the crowd see this major support captured, money goes into it on the long or bullish side.

The MACD also seems to point to potential upside.  
Previous Post Next Post