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GreenLightinvestor
Mar 20, 2021 9:44 PM

Look for a Bullish Breakout Above the Blue Turning Line - $1148 Long

Mettler-Toledo International, Inc.NYSE

Description

Look for Bullish action if the price of MTD is able to close above the $1148 area in the next two weeks. A bullish break out could take MTD to $1300 in the next 9 months.
Look for the ADX/DMI to turn positive and the Choppiness indicator to confirm an uptrend prior to starting a position. The trade fails if the price closes below the $1055 range.
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