MRO

Long term hold for myself.
Bought at 4$, looking to hold at least until 25$ and more. Through my Backtesting, structure always play out very well on this Stock and Patterns are very reliable.
Descending Channel visible on all TF´s, 3 touch Pattern with a Middle Section just before the 3rd Rejection, which means completion.
On the 4H we can see a lovely Descending Channel with 3 touches and a strong push up. At the moment price is forming a nice Bull Flag which can be the beginning of a Up move.
Looking to complete this Pattern all the way to the upside.
Even if price drops lower, which is possible, I am happy to enter here and playing this High Valuable Area. Is the Area that I am playing.