Holding MDT for many years now and took very little profit during the last bull market. This is one of those assets that truly makes a portfolio grow when these hidden bulls show presence.
The market trend created a new supporting channel wedging a large gap of support from the previous channel and provides much support for those who are watching this market. Retracements technically suggested a market price of 120.00 but that is ridiculous. I hypothesized that a large volume rally will happen filling the supporting wedge between 1.50 and .50 just before the 2024 bull market and i give conservative all time high prediction on this chart of 23.50 at the peak of the bull market 2024 - 2025. Please leave comments below if you have any suggestions to my prediction or support it thanks.