MNST was in consolidation for over a year before a large gap up in August 2014. Prior to this it had been in a good, linear bull trend for some time. So now the consolidation period is over we would like to see a continuation of previous behaviour.
While the uptrend began again on the August gap up price took a little while to get going. Then, on 31st October, price finally broke through the 100 figure, which can be a psychological area of resistance for some traders. It did not break through convincingly - a small indecision bar - so a retest of $100 was not unexpected.
Now price has gapped up again, on higher volume, a buy opportunity presents itself.
While the uptrend began again on the August gap up price took a little while to get going. Then, on 31st October, price finally broke through the 100 figure, which can be a psychological area of resistance for some traders. It did not break through convincingly - a small indecision bar - so a retest of $100 was not unexpected.
Now price has gapped up again, on higher volume, a buy opportunity presents itself.
Web: dt.live
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Instagram: instagram.com/dynamictrader
Twitter: twitter.com/dynamictrader
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Web: dt.live
Instagram: instagram.com/dynamictrader
Twitter: twitter.com/dynamictrader
Instagram: instagram.com/dynamictrader
Twitter: twitter.com/dynamictrader
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。