MMC is nearing the end of a recent price drop. The price is currently in its final downward phase, expected to bottom out around $184 to $186. Targets are 219, 234 & 245. Bulls can take control at wave B point(Resistance - $207).
If the price successfully holds above this $184–$186 support, the analysis predicts it will trigger a new, major upward trend. To officially confirm that the correction is over and a strong bullish trend has begun, the stock needs to break out above the $207 to $210 level. Once that breakout happens, the price is expected to rise sharply, potentially hitting the previous high of $248.
However, if the price drops below $184, this positive outlook will be invalidated, and the stock is expected to continue its downward correction.
Stay Tuned! Thank you:)
Money_Dictators
If the price successfully holds above this $184–$186 support, the analysis predicts it will trigger a new, major upward trend. To officially confirm that the correction is over and a strong bullish trend has begun, the stock needs to break out above the $207 to $210 level. Once that breakout happens, the price is expected to rise sharply, potentially hitting the previous high of $248.
However, if the price drops below $184, this positive outlook will be invalidated, and the stock is expected to continue its downward correction.
Stay Tuned! Thank you:)
Money_Dictators
Life-time free telegram channel - t.me/moneydictators
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Life-time free telegram channel - t.me/moneydictators
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。