Long
MCO / Dollar potential breakout
Updated
MCO is also in the buyzone. Volume is decreasing when price lowers, MACD and Stoch RSI turning upwards.
Target at next fib level.
Target at next fib level.
Trade active
Looks like it's heading towards target. Stop-loss below the .786 level.Trade closed: target reached
Note
A new entry is possible here for a swing trade. We could look for an entry just above support line at around $6.5-$7.0.I expect it to bounce back from support and make a run for the 0.5 fib level, at around $12.5 area.
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