MondiLong
mndi
-Weekly 26 EMA pointing upwards.
-Weekly MACD fast line crossover just on the 0 line separating the 2 halves of the oscillator.
Long sentiment
-Daily return to the consolidation area forming a reverse hnd after the reverse hnd that was already formed during the false breaking of the area.
A big high relative volume bull candle indicates the beginning of a trend.
Defensive play would recommend to enter on the pullback of this initiative move.
Stop Loss below the reverse hnd.
Target on some next reference point.
The position there is indicative.
-Weekly MACD fast line crossover just on the 0 line separating the 2 halves of the oscillator.
Long sentiment
-Daily return to the consolidation area forming a reverse hnd after the reverse hnd that was already formed during the false breaking of the area.
A big high relative volume bull candle indicates the beginning of a trend.
Defensive play would recommend to enter on the pullback of this initiative move.
Stop Loss below the reverse hnd.
Target on some next reference point.
The position there is indicative.
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.