MPC on breakout Watch
Watch for weekly close above he orange resistance line. RSI needs to continue to find strength. Watch that MACD Cross. Not sure how strong that signal is.
Nota
Last week we saw a doji at the top of the daily rally. Failed to break out then. However still holding above 52. One more note. I recall that MACD crosses that occur above the zero line are not very meaningful when compared to a cross that occurs at zero. So nothing screaming too much here on the weekly chart.
Nota
My rsi trendline drawing was learned from "Eric Muathe"
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-If you find this idea interesting please leave a like
-Follow for more
-Comments are always welcomed and appreciated
-Follow for more
-Comments are always welcomed and appreciated
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.