MEDC: Commodity Stocks Still Has a Chance to Create New High?
Hello Fellow Stock Trader and Investor!
Price Action Analysis
MEDC has moved above the dynamic trendline and bullish trendline. The breakout of a falling wedge pattern indicates a possible upside movement ahead. Furthermore, the momentum indicator makes a golden cross, signifying a possible upside movement to the target area.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/ support area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the MEDC"
Price Action Analysis
MEDC has moved above the dynamic trendline and bullish trendline. The breakout of a falling wedge pattern indicates a possible upside movement ahead. Furthermore, the momentum indicator makes a golden cross, signifying a possible upside movement to the target area.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/ support area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the MEDC"
交易开始
Support the channel by Smashing the Rocket Button, Thanks for your participation.交易结束：到达目标
Target 1 Done, See ya in the next roadmap交易结束：到达目标
Achieved the Second Target, Yippie!
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免责声明
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
相关出版物
免责声明
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.