MILDEF - Long plan

MILDEF
- Currently pricing above all daily averages
- Has broken a resistance
- A trade open plan is as follows.

BUY: 191
TP1: 214
TP2: 233
SL: 177

Expected deadline: 23 October

Trade active

Flag formation.

Note

Monday will be a challenging day for MILDEF.
It has consolidated for two weeks, with an average daily volatility of 10 kr.
Currently, it is trading above its 20-day moving average.
The moving averages have provided support to MILDEF.
Technical setup is very strong for an upward price actions.

Note

MILDEF is in a vital situation, with a 9% move in either direction anticipated within a short period. The flag formation indicates a 51% probability of an upward explosion.

EmreSrn

Related publications

MILDEF - Take Your Seats Before the Flight

by EmreSrn

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.