MLEC
-Weekly 26 EMA rising.
-Weekly MACD fast crossover heading to the upper half.
-US Department of Agriculture has determined that the company's modified soybean is not subject to regulations.
Long trades preferred.
-15 min strong bull breakout with profit taking pullback on the upper edge of a previous negotiation area.
Entry after a confirmative strong bull candle/pattern after the completion of the sideway negotiation movement.
The trade provided is indicative.
Stop loss below the pullback low.
Target on a previous reference point.
-Weekly MACD fast crossover heading to the upper half.
-US Department of Agriculture has determined that the company's modified soybean is not subject to regulations.
Long trades preferred.
-15 min strong bull breakout with profit taking pullback on the upper edge of a previous negotiation area.
Entry after a confirmative strong bull candle/pattern after the completion of the sideway negotiation movement.
The trade provided is indicative.
Stop loss below the pullback low.
Target on a previous reference point.
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.