Don't let the drawing fool you, this is serious stuff. VMD positioned for near term gains of 10-15%. Oversold and its a solid company. Target is 11.45 This is just advice, do your research and trade at your own risk.
Rising too fast means it will have to come back down and touch the main trend line, short position at this stage to $60
Long term view, Bullish till Q2 2022, then a bear market. Analysis based on past cycles using the dotcom crash as the template for the current bull market
Think we've hit the bottom, looking to go to $20, possibly $27 if it can break the next major resistance.
Good evening fellow traders, MTL is a definitely a jumpy one and here's my thoughts on how to catch it: Analysis The pattern has been pretty consistent in 2018 (and most of 2017 as well) - it typically travels down a channel, bouncing off levels of support and resistance, and then jumps off in an extreme ABCD pattern settling down somewhere around the 0.5 -...
Hope you're doing well, if not, you're going to feel a whole lot better after reading this: ADA has been climbing steadily down a triangle pattern and hitting highs and lows within the identified support and resistance lines. RSI and CCI levels are not showing strong signs of a breakout yet...but look like they are heading there... Based on the current pattern...