Long
$MOR: Bull flag break out after earnings
MOR was building up bull flag lately. Upper limit (~96 EUR) is close to number limit of 100 EUR. With earnings price cleared 100 EUR first time since Corona crash. Let's wait for confirmation with next swing on hourly timeframe.
Keep observing price-volume disharmony!
Warning of false breakout.
Target: 116 EUR
Entry: 100.84 EUR
Stop: 93 EUR
Keep observing price-volume disharmony!
Warning of false breakout.
Target: 116 EUR
Entry: 100.84 EUR
Stop: 93 EUR
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.