This should be a monthly bull flag..if broke it could go into the $74
I create this idea following JXMFinancial setup from GLUU(there's the link below)...i think it's smilar with a little retracement
I hope to get it right
If you have some doubts about my idea...do not hesitate to let me out.
As pointed out by JXMFinancial, MTZ recently bounced off on a nice volume. I have expanded the idea provided with some more observations that made me take a bullish stance on the stock:
- There is a long term uptrend and the price neatly bounced off the low of it. But wait, there's more
- Technicals are all on the lows,
*MACD in a nice setup to turn up for...