Trading idea number S-012 | Monster stock could raise to $62/63 area.

The setup is positive. The RSI is above the neutrality area at 50. MACD is positive and above its signal line. In addition, the stock is above its 20-day and 50-day moving averages.

Prices are moving in a bullish flag, technical pattern targeting $62.50

📈 Long Entry at 58.15
💰 Take Profit at 62.50
💸 Stop Loss at 55.90
Trade closed: stop reached
-3.87%
Chart PatternsTechnical IndicatorsTrend Analysis

Disclaimer