MSI

I was screening for potential candidates for my upcoming 2024 Buy List and came across Motorola (MSI), an old stalwart, bumping around its all-time high. It’s doing fundamentally and technically well and that brings me joy. It’s doing so well that I did add it to my buy list. However, there might be some risks involved with MSI. Looking at the chart above (and below), MSI has been consolidating at near its all-time high. It made a big run higher on good earning news at the beginning of November and I think the Bulls are taking a breather right now. Everyone is wondering if prices could go higher here. ...