#MHK two-cause resistance level
First reason:
An analysis of options trading results from the previous trading session revealed abnormal trading volume at strike 110, significantly higher than the average #MHK option trading volume( more than 1000% of average)
Second:
The analysis of the graphs indicates that there is a significant amount of buying activity at the price level (indicated on the chart). This will likely lead to a resurgence of buying activity when we approach that level again, thereby generating the necessary liquidity to initiate counter positions on the side of the SMART MONEY.
An analysis of options trading results from the previous trading session revealed abnormal trading volume at strike 110, significantly higher than the average #MHK option trading volume( more than 1000% of average)
Second:
The analysis of the graphs indicates that there is a significant amount of buying activity at the price level (indicated on the chart). This will likely lead to a resurgence of buying activity when we approach that level again, thereby generating the necessary liquidity to initiate counter positions on the side of the SMART MONEY.
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