MPCC - long entry zone reachedSmall update on MPCC.
Price reached the designated target area to open long trades.
A stop below 16 NOK would minimize the risk and if one wants to give some extra room 14.6 NOK would also work.
Cheers
MPCCO trade ideas
MPCC - MPC container ships - ready soon (?)Another very interesting candidate especially giving the high dividend yield that the company pays to their share holders.
My analysis indicates a wave 2 of wave 3 (one degree higher up) will soon come to an end.
The price action doesn´t look like it is ready just yet though price is inside my designated target area where a turn could happen.
I would like to see a clearer divergence and the RSI to break out of the RSI range between 45-55 on the daily time frame. Also, the price didn´t bounce from the 50% fibo level but instead stopped in between 38-50% which indicates that more downside will come.
Stay patient and wait for a very good chance to buy the stock for cheaper prices.
MPCC Upwards TrendMPC Container Ships is now Trending Upwards. Several indicators showing that this rally of a stock is not over!
MPC Container Ships In this video I will provide you with an broader picture of the MPC Container Ships chart and I am going to show you were I see good entry points to go long
MPCC Bullish IdeaUptrend is showing us good results, the next strong resistance at 8.00, 47% from Todays price (5.58)
