MI has been trading above its sloping 20-Days Moving Average which is a good sign.
In addition, the price just broke the resistance of 4.24 reinforcing the bullishness in the recent price movement.
This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a succesful breakout.
Resistance Breakout 1 : 4.24 (4 August 2020)
Resistance Breakout 2 : 4.4 (13 August 2020)
Support 1 : 3.69 (-18.37%)
Support 2 : 3.55
Descending Triangle prediction at 28 Aug 2020.
Possible bearish price movement towards the resistance 3.69 within the next 25 days (42 bars : ETA 15 Sep 2020).
In addition, the price just broke the resistance of 4.24 reinforcing the bullishness in the recent price movement.
This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a succesful breakout.
Resistance Breakout 1 : 4.24 (4 August 2020)
Resistance Breakout 2 : 4.4 (13 August 2020)
Support 1 : 3.69 (-18.37%)
Support 2 : 3.55
Descending Triangle prediction at 28 Aug 2020.
Possible bearish price movement towards the resistance 3.69 within the next 25 days (42 bars : ETA 15 Sep 2020).
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
