MRIN - pullback today, probably on range till July 6th
View UT 30 min (Short term) - Range zone for some time ...
Scenario 1 - in spite of yesterday's consolidation, the trend looks still bullish, so MRIN may go up some more. Volumes growth are key.
short term, it appears risky to go for a short. - Watch out volumes trend - if volumes are up around July 6th, prices may then exceed $20.
Scenario 2 - Beware still to trade with a stop (green zone = support), the trend up was so strong that a deeper consolidation may happen
to close the gap back to 7/9 USD.
I bet on SC1, what about you ?
Scenario 1 - in spite of yesterday's consolidation, the trend looks still bullish, so MRIN may go up some more. Volumes growth are key.
short term, it appears risky to go for a short. - Watch out volumes trend - if volumes are up around July 6th, prices may then exceed $20.
Scenario 2 - Beware still to trade with a stop (green zone = support), the trend up was so strong that a deeper consolidation may happen
to close the gap back to 7/9 USD.
I bet on SC1, what about you ?