MOD remains resilient within a bullish technical structure that was highlighted earlier this month, averting a potential correction that was experienced by the smaller-cap companies this morning. MOD closed the earlier session at $14.28, an intraday gain of +2.29%.First sign of bullish trend resumption for
MOD was signaled with a Bullish Reversal Hammer candlestick pattern on 20th November 2020, with a further continuation breakout on a week’s of consolidated price action on 15th December 2020.At the current junction, immediate resistance for
MOD is clustered at $14.85 to $15 range. MOD will be set to attain its 2 years high at $16.67 upon the clearance of the highlighted range.Share this:
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