SYMBOL: GPW:MDG | DIRECTION: LONG | TIMEFRAME: 2-week
Published: June 2026
On the above 2-week chart price action has established a confirmed bullish trend. A number of reasons now exist for a long position.
1) Trend reversal confirmed. Higher highs and higher lows have replaced the prior sequence. This is the foundation.
2) Price has returned to a key historical resistance level, now functioning as support. Look left to see where this level held previously.
3) The monthly timeframe offers genuine conviction. Noise from shorter timeframes fades when you're standing on solid ground.
The short term weakness is noted. Daily and weekly signals remain thin on the ground, and the recent drop from highs still looks raw. That's not a reason to ignore what the monthly chart is telling you. Corrections happen. Trends matter more.
Is it possible price action corrects further? Sure. Is it probable? No.
Ww
=====================================
Disclaimer
This is not financial advice. I am not a financial adviser. This idea is for educational and informational purposes only. Do your own research.
=====================================
Published: June 2026
On the above 2-week chart price action has established a confirmed bullish trend. A number of reasons now exist for a long position.
1) Trend reversal confirmed. Higher highs and higher lows have replaced the prior sequence. This is the foundation.
2) Price has returned to a key historical resistance level, now functioning as support. Look left to see where this level held previously.
3) The monthly timeframe offers genuine conviction. Noise from shorter timeframes fades when you're standing on solid ground.
The short term weakness is noted. Daily and weekly signals remain thin on the ground, and the recent drop from highs still looks raw. That's not a reason to ignore what the monthly chart is telling you. Corrections happen. Trends matter more.
Is it possible price action corrects further? Sure. Is it probable? No.
Ww
=====================================
Disclaimer
This is not financial advice. I am not a financial adviser. This idea is for educational and informational purposes only. Do your own research.
=====================================
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คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน