Long
MCO Buy Signal
Monaco has hit an accumulation floor after many days of retracing. There are currently 3 supports below it, 2 trends + 1 Fib Level. Looks like a good position to enter in for a spike up to the 0.5 Fib Level. Stops set under all 3 supports in case the market decides to dump.
Note
The bottom of this level also is has formed a large Falling Wedge : Note
Falling Wedge within a Falling Wedge + App Release pushed the bullish breakout!News Source : cdn.discordapp.com/attachments/372888248743100426/442951376553639937/Release_iOS.jpeg
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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.