chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the red fibo Level can_be 🐂, & under will be bearish Short to midterm .
~~N0 arrows. ~~ N0T trading Advise either +dyor pls.
MT looks like it setting up for a big break past this this extreme resistance zone.
wait for a clear break past 37.5 for breakout confirmation.
price targets once the breakout comes: 34.81-43.03-51.25-59.47
like and follow for more 💘
chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the red fibo Level can_be 🐂, & under will be bearish Short to midterm .
~~N0 arrows. ~~ N0T trading Advise either +dyor
MT has broken out of the 34 resistance level and this is a positive going long.
MT respected the MA100 line a few times before moving much higher.
All steel stocks are doing well recently like CLF.
Recently a intermediate S/R level was flipped (dashed line). Next is a bigger one around 30.7$. after flipping that level next target is 40.7, and when that one is gained Im looking much further up. This is long term ofcourse since this is a weekly chart. One for my watchlist!
