MTL has struggled to break the 200SMA. As we can see, there have been 2 previous failed attempts directly at the 200SMA. We have broken back into the support zone which is known to inject a large buy volume. I expect another push to break through the 50MA and .618 FIB making a 3RD attempt at the 200SMA. Target 1 will be this 3rd hit at 3912 sats. This may form a triple top in this zone and push directly to target 2 above 5000 sats. Target 2 is a long hold 2-3 weeks+. I would consider taking partial profit again at T1.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.