Browse Symbol Stacks: MTW: image.jpg

image.jpg

MTW - $16 area important long term support/resistance line for MTW. Working on a massive head and shoulders formation with the neckline also in the $16 area.

Comments

Holy Hand GrenadeHoly Hand Grenade
Nice find.... 8/20/15
Holy Hand GrenadeHoly Hand Grenade
57% of their biz is in North America, and only 10% in Asia. 60% of their business is in cranes, which will now be squuezed by: 
1) Construction slowdown in Canada 
2) They compete in every line of crane with Terex, which just merged with Finnish Konecrane to become the biggest mfr. in the world (also a good short). Expect competitive pressure on Manitowoc's top line. 8/20/15
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