Micro Stock Trader: Stock Price Review: MAC Daily Chart – Buy or Sell Decision

Sunday, January 26, 2025

Stock Price Review: MAC Daily Chart – Buy or Sell Decision – January 24, 2025

Introduction

This stock price review examines MacroAsia Corporation (MAC) as of January 24, 2025, using the daily chart. Our Hybrid 10-Step Trading Strategy is applied to determine whether MAC is a buy, sell, or hold by assessing market structure, trend positioning, and risk management.

Date of Review

📅 January 24, 2025

Stock Price Overview

Stock Name & Ticker: MacroAsia Corporation (MAC)
Timeframe: Daily Chart
Market Trend: Attempting a Downtrend Reversal
Price Position: Trading between the 20-day MA (5.45) and 200-day MA (5.31)
Significant Support & Resistance Levels:
- Support Levels: 4.96 (0% Pullback), 5.31 (200-MA Support)
- Resistance Levels: 6.33 (50% Bullish Reversal), 7.01 (75% Bullish Reversal), 7.69 (100% Pullback)

MAC recently found support near the 200-day MA, bouncing +4.94% to close at 5.52, suggesting early buying interest. However, strong resistance is at 6.33, making it a critical level to watch.

MAC Daily Chart with moving averages, Fibonacci retracements, and price action analysis.

MAC Stock Price Review – Buy or Sell Decision Using the Hybrid 10-Step Strategy

Stock Price Details

Stock Name & Ticker: MacroAsia Corporation (MAC)
Timeframe: Daily Chart
Market Trend: Recovering from a downtrend, but still below key resistance.
Price Position:
- Currently trading at 5.52 (+4.94%)
- Above the 200-day MA (5.31) but struggling to break past the 20-day MA (5.45).
Significant Support & Resistance Levels:
- Support: 4.96 (0% Pullback), 5.31 (200-MA)
- Resistance:
  - 6.33 (50% Bullish Reversal – Key Breakout Level)
  - 7.01 (75% Bullish Reversal – Strong Resistance)
  - 7.69 (100% Pullback – Full Recovery Level)

MAC’s price action suggests accumulation near support, but it must clear the 6.33 resistance zone to confirm a strong reversal.

Hybrid 10-Step Trading Strategy Review

Step 1: Market Trend Classification

📌 MAC has been in a strong downtrend but is now attempting a recovery.

Lower highs and lower lows were dominant from November to early January.
Price is now consolidating near the 200-MA, a potential reversal zone.

Step 2: Price Position & Retracement Zones

Currently trading between the 20-MA (5.45) and 200-MA (5.31).
Key Retracement Levels:
- 6.33 (50% Bullish Reversal) – Major resistance.
- 7.01 (75% Bullish Reversal) – Strong overhead supply zone.
- 4.96 (0% Pullback) – Breakdown risk if price fails to hold.

Step 3: Power Bars, Breakout Signals & Volume Confirmation

Strong green candlestick (+4.94%) with volume of 3.4M, above the 9-day average.
Indicates buyer interest, but still below the key resistance zone.

Step 4: Entry Confirmation Based on Technical Signals

A confirmed buy signal occurs if price closes above 6.33.
Breakout traders should wait for price to reclaim this level before entering.

Step 5: Stop-Loss Positioning & Risk Management

Stop-loss below 5.31 (200-MA) or 4.96 (0% Pullback level).
Risk-reward improves above 6.33 with a target at 7.69.

Step 6: Color Change Signals for Additional Confirmation

MAC has printed a strong green candle after a choppy range.
A follow-through day above 5.60 is needed for confirmation.

Step 7: Profit-Taking Strategies

Partial profits can be taken at 6.33 if the rally continues.
Final targets at 7.01 and 7.69 for trend reversal confirmation.

Step 8: Potential Re-Entry Zones

A pullback to 5.31 with volume support is a low-risk re-entry.
Breakout re-entry above 6.33 signals further upside potential.

Step 9: Tactical Position Adjustments

A failure to hold 5.31 may lead to a retest of 4.96.
A breakout above 6.33 opens the path to 7.01.

Step 10: Counter-Trend Trading Considerations

Bearish traders may short at 6.33 if a rejection occurs.
Bullish traders should wait for a confirmation above 6.33.

Final Stock Price Assessment

📌 MAC is showing early signs of a reversal but needs confirmation above 6.33.
📌 Holding above the 20-MA (5.45) is key for bullish continuation.
📌 Volume today suggests growing interest, but resistance remains strong.

Buy, Sell, or Hold Decision?

✅ BUY if price closes above 6.33, confirming the breakout.
⚠️ HOLD if price consolidates between 5.31 and 6.33 without a strong move.
❌ SELL/EXIT if price falls below 5.31, as downside risk increases.

Next Steps

📊 Key factors to monitor:

MAC must close above 6.33 for a full bullish breakout.
Watch volume—continued high buying volume strengthens the reversal case.
Stop-loss should be set below 5.31 or at 4.96 to protect against downside risk.

Disclaimer: This post is for informational purposes only and should not be considered financial advice. Always do your own research before making any trading decisions.

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