We're looking at two possible outcomes based on the flag pattern we've noticed in MLCF stock.
Firstly, if the stock price breaks out and closes above 38, it confirms the flag pattern. According to this pattern, the initial target could be around 43. If the pattern completes, the target could go up to around 50.
On the other hand, there's a chance the stock could drop. In this case, a support level is expected to be around 31-32. If it reaches this level, a rebound in price, known as a pullback, is anticipated.
Firstly, if the stock price breaks out and closes above 38, it confirms the flag pattern. According to this pattern, the initial target could be around 43. If the pattern completes, the target could go up to around 50.
On the other hand, there's a chance the stock could drop. In this case, a support level is expected to be around 31-32. If it reaches this level, a rebound in price, known as a pullback, is anticipated.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.