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Long
Updated

Inverse H&S?

67
MIK appears to be forming the right shoulder of an Inv H&S pattern. Resistance currently sits around $18.24, showing an upside of +9% from the neck line.

MIK is currently at historical lows and appears to be extremely cheap for the mid - long term
Note
We've broken the neck line, approacing resistance at 18.22. Nice little trade here
Swingman39
Chart PatternsTrend Analysis

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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.
Chart PatternsTrend Analysis
Swingman39

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.