MO looking good but at/near resistance
Updated
After breaking a long multi-year down channel, looks like it touched briefly at resistance of the 51-52 region. Just one day so hoping this remains in the area and breaks through with a retest as support.
Green bar is what I've staged as a longer term support level and blue bars previous points that the price action was rejected - and will likely act as resistance in the future to come.
Green bar is what I've staged as a longer term support level and blue bars previous points that the price action was rejected - and will likely act as resistance in the future to come.
Comment
Overcoming this first major resistance band!Comment
hmmmDisclaimer
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