MLCF is currently exhibiting indications of a breakout from its descending trend line, indicative of a shift towards an uptrend. A notable supply zone is situated around the price level of 50.90, which may present resistance and necessitate a decisive breach to facilitate further upward movement. The substantial trading volume is reinforced by a notably strong RSI, suggesting a robust market sentiment. A target price of 50.90 has been delineated, reflecting a prospective gain of 32%.
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Thanks a lot for your support.
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