US Stock In Play: $MHK (Mohawk Industries Inc)$MHK displayed a open drive pattern, gapping up from $159.71 to $168.04 during the second week of February trading week. The share price further soared to this week's high of $185.85, before tumbling to a low of $168.1 as Federal Reserve Chairman comments this morning reignite global stock jitters.
At the current junction, $MHK remains supported by its 20DMA, with a potential pivotal towards a new 52 weeks high.
$MHK designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces in the United States, Europe, Russia, and internationally.
