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mndi
M
Mondi
Long
mndi
By koumkouat
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Apr 19
0
Apr 19
-Weekly 26 EMA pointing upwards.
-Weekly MACD fast line crossover just on the 0 line separating the 2 halves of the oscillator.
Long sentiment
-Daily return to the consolidation area forming a reverse hnd after the reverse hnd that was already formed during the false breaking of the area.
A big high relative volume bull candle indicates the beginning of a trend.
Defensive play would recommend to enter on the pullback of this initiative move.
Stop Loss below the reverse hnd.
Target on some next reference point.
The position there is indicative.
Chart Patterns
Technical Indicators
Support and Resistance
koumkouat
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