+MRO making trend reversal and breakout primary downtrend +Bullish EMA lineup : EMA20 > EMA50 > EMA200 +Making Higher High and Higher Low. +Generally shows +ve Force Index since last Earning Call +Price retrace to FIBO 0.618 and Consolidating around EMA20 +Price trying to break 15.28 level. +Price above Lower Limit of Bollinger Band (ATOM). Few buy signal appears +Oversold. +Reward over Risk = 2.1 +Bullish if price continue to find support at EMA20
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Spot On. Price move as per TA. It's up more than 20% since Dec2. All targets hit. Time to take profit and let it settle for new support.