Motorola Solutions is trading in a bullish trend and several elements argue for the continuation of this trend.
From a technical viewpoint, the security is trading in a bullish trend in the short and the long term. Increasing moving averages let think there will be no reversal in the coming trading sessions. This growth should help to reach soon the USD 65.2 long term resistance.
Thanks to these good indicators, it seems relevant to take a long position in Motorola Solutions at the current price. The target price is the USD 65.2 resistance. A stop loss will be fixed under the USD 56.6 short term support because a breakdown of this level would damage technical pattern.
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Provides communication infrastructure, devices, accessories, software and servicesMotorola Solutions, Inc. engages in the development and provision of communication infrastructure, devices, accessories, and software.It operates through the Products and Services segments.The Products segment offers...