Metalla Royalty & Streaming Ltd.
Viés de alta

Metalla Royalty (MTA.V) Forming Rounded Bottom, Possible Setup

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Metalla Royalty, trading on the Venture exchange, has started to form a rounded bottom continuation pattern. This could set up a trading opportunity if the price pulls back, consolidates, and then breaks out of the consolidation higher (at least this is how I like trade the pattern).

I have put estimated trade levels, providing for a roughly 3:1 reward:risk.
At this point, it is a hypothetical trade. No positions taken yet. Trades levels will vary based on how far the price pulls back, and how large the consolidation is (if one develops). The prior consolidation has been highlighted with a pink box.

Aviso legal

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