Articles tagged with MHK

One of the most difficult things to do in the stock market is evaluating a downtrending stock for a potential bottom. We can see certain patterns like double bottoms or reverse head & shoulders patterns. Perhaps there's a positive divergence. Maybe we'll even see an exhaustion gap. But nothing works better than simply seeing prices begin to trend higher, while key technical support levels hold. Let's look at Mohawk Inds (MHK), a furnishings company:...keep reading