MOL | The share price may once again approach its all-time high
MOL’s share price is now approximately 2.5% below its previous local, and at the same time all-time, high. The technical picture remains favorable, and momentum may persist for the time being, so it will be worth closely watching how strong a resistance this level proves to be in the coming period.
At the same time, the RSI indicator is moving toward overbought territory, which may suggest that, if the rally starts to lose steam, the likelihood of a short-term correction could increase.
At the same time, the RSI indicator is moving toward overbought territory, which may suggest that, if the rally starts to lose steam, the likelihood of a short-term correction could increase.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.