MOS to go back down to bottom of range

8 มี.ค. 2021

MOS has had a good run up since the low of $6.50 at March'20.

It didn't have much pullback from $6.50 to $33. Nothing lasts forever. Judging from the Weekly chart, $33 area has a been strong resistance and it doesn't look like it will break above it any time soon.

We should be able to enter at a better price when it retest the $33 resistance again.

Target profit 1 is $25, just to lock in some profits.

Target profit 2 is $22-23, the lower band of the range.

We can look to buy when it is at the lower band, but that will be another analyze...depending on the price action then.

Disclaiminer: I'm not giving any trading and investing advice. Just sharing my chart observations.

If you have any symbols that you'd like me to analyze, feel free to drop me a comment.

Thanks!

9 มี.ค. 2021

บันทึก

Not looking like it will go back up to $33. Perhaps it's good time to short now

10 มี.ค. 2021

บันทึก

heh! Was impatient.
Now is a better time!

11 มี.ค. 2021

ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน

Unfortunately buying pressure is very strong.
It has turned into a weekly up-sloping flag pattern!
Target is $40!