MTL is rejecting to fall lower (what I suspected when it bounched on the top line)..
It is accumulating against the resistance line and support. It is just a matter of 1 a 2 days before we will know if he will break the down trend.
This means we can suspect an reversal in the trend and seen some nice grow on MTL.
Position:
Take position over here (371) + a stop loss at (348) *lower then the last higher low.
It is accumulating against the resistance line and support. It is just a matter of 1 a 2 days before we will know if he will break the down trend.
This means we can suspect an reversal in the trend and seen some nice grow on MTL.
Position:
Take position over here (371) + a stop loss at (348) *lower then the last higher low.