Matic is setting a new recent high that was confirmed by RSI. It has just formed a nice bull flag.
Stochastic appears to be turning up.
All good news. Time to ride the trend with a short stop.
RSI for high was 70 so new high for RSI .
Slow STO is 53 so it has bottomed out above 50 which is a strong signal.
Volume was 14M on recent high and 4M on previous high.
Price is 0.773
Target 1 is 0.89
Stop loss at 0.71
Stochastic appears to be turning up.
All good news. Time to ride the trend with a short stop.
RSI for high was 70 so new high for RSI .
Slow STO is 53 so it has bottomed out above 50 which is a strong signal.
Volume was 14M on recent high and 4M on previous high.
Price is 0.773
Target 1 is 0.89
Stop loss at 0.71