MOS has had a good run up since the low of $6.50 at March'20.
It didn't have much pullback from $6.50 to $33. Nothing lasts forever. Judging from the Weekly chart, $33 area has a been strong resistance and it doesn't look like it will break above it any time soon.
We should be able to enter at a better price when it retest the $33 resistance again.
Target profit 1 is $25, just to lock in some profits.
Target profit 2 is $22-23, the lower band of the range.
We can look to buy when it is at the lower band, but that will be another analyze...depending on the price action then.
Disclaiminer: I'm not giving any trading and investing advice. Just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
Thanks!
It didn't have much pullback from $6.50 to $33. Nothing lasts forever. Judging from the Weekly chart, $33 area has a been strong resistance and it doesn't look like it will break above it any time soon.
We should be able to enter at a better price when it retest the $33 resistance again.
Target profit 1 is $25, just to lock in some profits.
Target profit 2 is $22-23, the lower band of the range.
We can look to buy when it is at the lower band, but that will be another analyze...depending on the price action then.
Disclaiminer: I'm not giving any trading and investing advice. Just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
Thanks!
Ghi chú
Not looking like it will go back up to $33. Perhaps it's good time to short nowGhi chú
heh! Was impatient.Now is a better time!
Đóng lệnh: dừng lỗ
Unfortunately buying pressure is very strong.It has turned into a weekly up-sloping flag pattern!
Target is $40!
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.