What do you think? the market nowadays rebound, let see if this ticker do the same
MLPL will meet its base at point 232-212. this is crucial base to make new base reversal or still on bearish path
Buy MLPL di range 354-378 (for Shortterm Trading) Target Price 1 (TP1) 406 Target Price 2 (TP2) 440 StopLoss area 338-322
IDXTECHNO broke its down trend line, has a MACD bull divergence, and is forming Inverted Head and Shoulders Pattern. I think it is the time for technology stocks to rally again ($EMTK, $DCII, $MLPT, $MTDL). $EMTK and $MTDL is the leading stock, as it has gained >10% last week. I feel now that it is $MLPT's turn to rally.
MLPT broken it's down trend line with good volume and now retracing with low volume.. The area of price now is between the 50% and 62.8% fibonacci, a very good area to buy on retracement. SL <3000 First TP : 4200-4300 Second TP : 5000 Third TP : Previous ATH
THE TRENDLINE IS OBVIOUSLY BULLISH FOR SEVERAL MONTHS, AND FOR LAST MONTH IT MAKE A CHART PATTERN THAT WE CALLED BULLISH PENNAN, IT WAS CONTINUATION PATTERN AND IT SIGN FOR US TO BUY IT. ITS A TECH COMPANY, SO THERE WAS SEVERAL HOT NEWS IN OUR SOCIAL MEDIA.
Watchlist MLPL is setting up a power play, I am looking to see if it can break out of the pivot area.