MAS potential Buy setup
Updated
Reasons for bullish bias:
- Falling wedge pattern
- Price is at support zone
- Overall a bullish trend on weekly
- Bullish divergence
Here are the recommended trading levels:
Entry Level(Buy Stop): 70.92
Stop Loss Level: 63.24
Take Profit Level 1: 77.79
Take Profit Level 2: Open
Note: If the price gave an ATH breakout, it would also be the bull flag pole breakout.
- Falling wedge pattern
- Price is at support zone
- Overall a bullish trend on weekly
- Bullish divergence
Here are the recommended trading levels:
Entry Level(Buy Stop): 70.92
Stop Loss Level: 63.24
Take Profit Level 1: 77.79
Take Profit Level 2: Open
Note: If the price gave an ATH breakout, it would also be the bull flag pole breakout.
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