UnknownUnicorn33113667

MELS | Will it break FIB 0.65 ?

Long
CSELK:MELS.N0000   MELSTACORP PLC
The stock has broken above the descending trendline resistance and has reached the Fibonacci retracement resistance levels of 0.618 and 0.65. A further break above these levels could push the stock towards the 67.5 level at the Fibonacci retracement of 0.786. However, in the case of a retracement, the stock should find support from the descending trendline and the Fibonacci retracement of 0.5
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