MLEC

-Weekly 26 EMA rising.
-Weekly MACD fast crossover heading to the upper half.

-US Department of Agriculture has determined that the company's modified soybean is not subject to regulations.



Long trades preferred.

-15 min strong bull breakout with profit taking pullback on the upper edge of a previous negotiation area.

Entry after a confirmative strong bull candle/pattern after the completion of the sideway negotiation movement.

The trade provided is indicative.

Stop loss below the pullback low.

Target on a previous reference point.