Short
MCO Hidden Bearish Divergence
The price is expected to drop since there is hidden bearish divergence on the daily chart. The price has formed a lower high while the RSI a higher high. I won't predict the bottom. But, a long term holder can add to their position anywhere between $2.12 - $0.63. We are still in accumulation phase.
Only buy what you can afford to hold.
Only buy what you can afford to hold.
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Disclaimer
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.