MMTC had given a breakout on monthly basis in January 2024 and now we are seeing the pull back and retest.
Coming to a lower TF like daily or hourly we can see that it has been moving in a Parallel Channel from Aug 2023 consistantly making Higher Lows and Higher Highs.
Taking 1 HR. Time frame we can see that it is making a Cup and Handle pattern. We have yo wait for breakout on the upside, get a confirmation of making a higher low,high and can invest.
1st Target would be the latest High 101. 2nd Target would be the upper trendline of the Channel.
Coming to a lower TF like daily or hourly we can see that it has been moving in a Parallel Channel from Aug 2023 consistantly making Higher Lows and Higher Highs.
Taking 1 HR. Time frame we can see that it is making a Cup and Handle pattern. We have yo wait for breakout on the upside, get a confirmation of making a higher low,high and can invest.
1st Target would be the latest High 101. 2nd Target would be the upper trendline of the Channel.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.