MTD made an all-time high with a gap-up on November 06. Next three days it almost filled the gap andlast day it made an effort to resume the journey. As the trend is very strong it is likely that it will touch the all-time high again.
If we could take a position at open the stop-loss will be below 1122.80 and profit target may be a new high.
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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.