$MC - Cup and Handle Breakout with 50SMA Moelis & Co. Class ABATS:MCKochva_💡 Swing setup idea Bullish pattern 🔎 Analysis summary: The stock crossed above the 50 SMA and successfully closed a cup and handle pattern. We are seeing growing, above-average volume, indicating strong buying interest. 🔔 Sector note: Seeing some interesting movement in the financial sector overall, definitely worth keeping an eye on this space right now. 👀 Levels to watch: Entry trigger: Break above $70.98 Target: $90.85 Stop: Under the breakout level 💬 What do you think of this setup? Let me know in the comments! 👇 Good luck! ⚠️ Note: This is for educational purposes only and is not financial advice.