MEDC: Commodity Stocks Still Has a Chance to Create New High?

Updated
Hello Fellow Stock Trader and Investor!

Price Action Analysis

MEDC has moved above the dynamic trendline and bullish trendline. The breakout of a falling wedge pattern indicates a possible upside movement ahead. Furthermore, the momentum indicator makes a golden cross, signifying a possible upside movement to the target area.

All other explanations are presented on the chart.

The roadmap will be invalid after reaching the target/ support area.

"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the MEDC"
Trade active
Support the channel by Smashing the Rocket Button, Thanks for your participation.
Trade closed: target reached
Target 1 Done, See ya in the next roadmap
snapshot
Trade closed: target reached
Achieved the Second Target, Yippie!
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