Potential outside week and potential bearish breakout for MTSAs noted in the latest video update for week ended 17-Nov (apologies for the delayed publishing of these details - another hectic week), MTS represents a potential bearish opportunity should momentum continue and lower lows be made to confirm the outside week. Stop loss for the trade would be above the high of the confirmed outside week, should it confirm (i.e.: above the high of $3.82 from 15th November).
MTS
ARCELORMITTAL MTS Bullish DivergenceArcelorMittal has activated a divergence with both MACD and RSI and with target price at 30.985€. I'd set the stop loss below 19.42€ because the structure would get inactivated. This is a short term structure but just as a reminder this company has a double bottom activated with target price to 54.10€.
$MTSC (MTS Systems Corp) Support$MTSC (MTS Systems Corp) at support area with bullish divergence with MACD. Daily chart
$MTS long trade setup on ASXTrade setup today long $MTS Metacash on the ASX. I like the dip, double bottom and higher high green candles trending bullish. Went in with 4251 units at 2.35. Targets and stop loss set. As always trading is risky and can go against us at any time no matter how good a chart looks. As such risk management is king, cut losses early and let winners play out. Not financial advice.