I'm looking at a cup and handle on MNB in 4hr timeframe. If this breaks $0.135, the upside is beautiful!
I'm generally very biased on phosphate, as I think it is the next oil. This is obviously a very long term view, but am keen to explore the upcoming players in this industry. MNB I feel is one. However, this trade is just that - short term trade. The chart looks very tempting. Let's see how we go.
DYOR and trade at own risk.
I'm generally very biased on phosphate, as I think it is the next oil. This is obviously a very long term view, but am keen to explore the upcoming players in this industry. MNB I feel is one. However, this trade is just that - short term trade. The chart looks very tempting. Let's see how we go.
DYOR and trade at own risk.
Trade active:
There was bullish divergence on the Friday candle, which is pretty much confirmed now and I'm looking for this to break the cup and handle neckline. Tomorrow will decide if we get rejected, or break through.
Comment:
We are at that point! Looking to go donky kong!
Trade active:
Amazing! We have broken the 0.135 level. A successful re-test of the break level will confirm the C&H. Short term profit making at 0.15 level.
Comment:
Once C&H is confirmed with re-test of break line, first target is $0.175 and second target is $0.215.
DYOR and trade at own risk.
DYOR and trade at own risk.