Chart of the Day: Motorola Solutions Inc.(NYSE: MSI)

NYSE: MSI | Motorola Solutions, Inc.  News, Ratings, and Charts

MSI – Motorola Solutions, Inc. (MSI) engages in the provision of communication infrastructure, devices, accessories, software and services.

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!

Motorola Solutions Inc. engages in the provision of communication infrastructure, devices, accessories, software and services. It operates through the following segments: Products and Systems Integration.

Take a look at the 1-year chart of Motorola (NYSE: MSI) below with added notations:

 

After hitting its peak in February, MSI has fallen into a sideways trading range. While in the range, the stock has formed a key resistance area at $160 (red), and a $124 support level (green).  At some point the stock will have to break either $124 or the $160.

The Tale of the Tape: MSI is trading within a sideways range. The possible long positions on the stock would be either on a pullback to $124 or on a breakout above $160. The ideal short opportunity would be on a rally back up to $160, or on a break below $124.

Before making any trading decision, decide which side of the trade you believe gives you the highest probability of success. Do you prefer the short side of the market, long side, or do you want to be in the market at all? If you haven’t thought about it, review the overall indices themselves. For example, take a look at the S&P 500. Is it trending higher or lower? Has it recently broken through a key resistance or support level? Making these decisions ahead of time will help you decide which side of the trade you believe gives you the best opportunities.

No matter what your strategy or when you decide to enter, always remember to use protective stops and you’ll be around for the next trade.  Capital preservation is always key!

Good luck!

Christian Tharp, CMT

@cmtstockcoach

Want More Great Investing Ideas?

9 “BUY THE DIP” Growth Stocks for 2020

Bull Market or Bull S#*t? How to trade today’s stock bubble and prepare for the return of the bear market.

7 “Safe-Haven” Dividend Stocks for Turbulent Times


MSI shares were trading at $140.89 per share on Thursday morning, down $7.34 (-4.95%). Year-to-date, MSI has declined -12.22%, versus a -2.94% rise in the benchmark S&P 500 index during the same period.


About the Author: Christian Tharp, CMT


Christian is an expert stock market coach at the Adam Mesh Trading Group who has mentored more than 4,000 traders and investors. He is a professional technical analyst that is a certified Chartered Market Technician (CMT), which is a designation awarded by the CMT Association. Christian is also the author of the daily online newsletter Todays Big Stock. More...


More Resources for the Stocks in this Article

TickerPOWR RatingIndustry RankRank in Industry
MSIGet RatingGet RatingGet Rating

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!


Most Popular Stories on StockNews.com


:  |  News, Ratings, and Charts

Dangerous Outlook for Stocks Into Election

Stocks (SPY) tried to make new highs a week ago and come up short of the mark. Since then the pressure has been to the downside. Why did this happen? And why is this likely to continue into the election? Let’s discuss...

:  |  News, Ratings, and Charts

2 Winners and 2 Losers from the Ant Group IPO

Ant Group is set to be the biggest IPO in history as it looks to raise $35 billion at a $250 billion valuation. Currently, it has 1.3 billion users and generated $10.1 billion in revenue during the first six months of the year. Investors who want to take advantage should consider investing in Alibaba (BABA) as it owns a significant piece of Ant Group.

:  |  News, Ratings, and Charts

3 Top Stocks That Will Outperform Whether Trump is Reelected or Not

The market (SPY) appears to be on a track of continued volatility, until at least after the election. That could mean uncertainty for your portfolio, unless you invest in stocks that would benefit from either candidate. David lays out the reasons to consider: Lockheed Martin (LMT), United Rentals (URI), and Abbott Laboratories (ABT).

:  |  News, Ratings, and Charts

A Second Wave of The Virus Is Bullish for These 2 Stocks

As the rate of coronavirus cases spike, it could be good news for companies such as Zoom (ZM) and Limelight (LLNW). Learn why Andrew is bullish on these two companies.

:  |  News, Ratings, and Charts

3 Top Stocks That Will Outperform Whether Trump is Reelected or Not

The market (SPY) appears to be on a track of continued volatility, until at least after the election. That could mean uncertainty for your portfolio, unless you invest in stocks that would benefit from either candidate. David lays out the reasons to consider: Lockheed Martin (LMT), United Rentals (URI), and Abbott Laboratories (ABT).

Read More Stories

More Motorola Solutions, Inc. (MSI) News View All

Event/Date Symbol News Detail Start Price End Price Change POWR Rating
Loading, please wait...
View All MSI News