$MOH long
Check out the price action in this chart!
So, IF last day's high and the 30-day SMA [orange] are broken to the upside, I expect the next bullish impulse to begin.
- We’ve perfectly corrected the last upward impulse and landed at the 61.8% Fibonacci retracement.
- The price is supported by a horizontal support cluster [red].
- On the last trading day, the price tested the 50-day SMA [blue] precisely.
So, IF last day's high and the 30-day SMA [orange] are broken to the upside, I expect the next bullish impulse to begin.
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