- Bottom base was identified from March to May in the range 8-13
New base was formed from May to July in the range of 12-15 which was tighter
Breakout occurred at 08/04 crossing above 15 resistance
Entry point was 3 days later 08/07 at 17.09
Noticed volume were strong from 08/04 to 08/07
Another sideway base or consolidation in the range of 17-20 from August to November
MOS made another breakout 11/23 before thanksgiving above 20
Long waiting got +31% profits from MOS “Breakout After Breakout”
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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.