Look for Bullish action if the price of MTD is able to close above the $1148 area in the next two weeks. A bullish break out could take MTD to $1300 in the next 9 months. Look for the ADX/DMI to turn positive and the Choppiness indicator to confirm an uptrend prior to starting a position. The trade fails if the price closes below the $1055 range.
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.