MKS has created a higher low on the weekly time frame. It's a great confirmation of the uptrend after such a brutal long-term bear trend.
Expecting 100 % move up on weekly so it will take some time but our target would be around 377 $.
However it's not the best entry now as the stop loss would have to be placed below 90 $. So it's not a trading idea with a low risk and high reward setup.
From another hand, if you believe in MKS bullish trend, it may be still a good investment for the next months .
Expecting 100 % move up on weekly so it will take some time but our target would be around 377 $.
However it's not the best entry now as the stop loss would have to be placed below 90 $. So it's not a trading idea with a low risk and high reward setup.
From another hand, if you believe in MKS bullish trend, it may be still a good investment for the next months .
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