MTC stock continues to test the resistance level 340.00 after rising from the support 313.34 and failing to breach it, and the stock rose higher after it broke through several resistance levels at 233.47 and the level of the moving average 7-20-50.
As the price stabilizes by moving above the …
The pair remains in a short-term downtrend. The fundamental weakness of the US dollar, as well as a local increase in crude oil prices within a narrow flat range, may put pressure on the pair.
Technical side:
The price is below the middle Bollinger indicator, at SMA 5 and …
The overall trend is upward. The price pivot zone of 1.7225 is holding back sellers. Awesome Oscillator indicates a bullish divergence.
: monitor the price movement in real time.
Trading recommendations:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the …
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