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vf_investment
Jul 8, 2023 12:46 PM

MKS weekly time frame analysis Long

MARKS & SPENCER GROUP ORD GBP0.01LSE

Description

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 .
Comments
sehgar28
apa L mp0
FirstNameHelen
I have a great feeling about MKS, thanks
LegionQ8
I love this method, thank you for great MKS idea !
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