롱
Breakout on the MMC chart?
$NYSE:MMC
Yesterday the price closed above resistance, making a new ATH.
What are your expectations for MMC? Please leave a comment.
This is what I see on the chart, please correct me if I am wrong.
- We have a purple square as support, because MMC opened higher there is a small gap.
- I see a Cup and Handle pattern that started on 30-12-21.
Cup (30-12-21/7-4-22) Handle (8-4-22/19-4-22)
- There is a big volume shelf around $171, this could also indicate possible support.
- Price closed above the highs of 8-12-21 & 28-12-21 & 8-4-22. This means a new ATH,
What I expect: Maybe a small rally from here, or anyway a pullback to the old resistance level ($170.00). I hope that the former resistance level becomes a new support level (Principle of Polarity), and then the price soars to new highs.
This is no financial advise.
Yesterday the price closed above resistance, making a new ATH.
What are your expectations for MMC? Please leave a comment.
This is what I see on the chart, please correct me if I am wrong.
- We have a purple square as support, because MMC opened higher there is a small gap.
- I see a Cup and Handle pattern that started on 30-12-21.
Cup (30-12-21/7-4-22) Handle (8-4-22/19-4-22)
- There is a big volume shelf around $171, this could also indicate possible support.
- Price closed above the highs of 8-12-21 & 28-12-21 & 8-4-22. This means a new ATH,
What I expect: Maybe a small rally from here, or anyway a pullback to the old resistance level ($170.00). I hope that the former resistance level becomes a new support level (Principle of Polarity), and then the price soars to new highs.
This is no financial advise.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.