Short
MDCO - Take Your Medicines!
Bullish Ascending Price Channel had formed from December 2018 until it finally broke out in early September. The price consolidated for a bit before rising further.
I am expecting a pullback that could retest the previous resistance line of the price channel around the $50 level.
I am expecting a pullback that could retest the previous resistance line of the price channel around the $50 level.
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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.