Chart Courtesy of Mastertrader.com
Industry: Commer Banks-Central US Closing Price: 5.75 P/E: -2.2 Avg. Vol.: 2,424K
Company Profile: Marshall & Ilsley Corporation is a diversified financial services corporation with banking locations throughout Wisconsin. The Company has additional locations in Arizona, Nevada, Florida, and Minnesota. Marshall & Ilsley also provides trust and investment management, equipment leasing, mortgage banking, financial planning, investments, insurance services, and data processing.
Chart Setup: Breakout
Trading Strategy: We'll look to buy MI if it trades above 5.76 Place a stop under 5.41 Target 1: $6.50
SPW Update: TRA was sold for a nice gain. URS was invalid as it didn't meet our entry standards.
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