Thinking MTN looks like a good buy:
Maybe premature, but with current optimism, and relatively low oil prices I think there is a lot of scope upwards (?)
Nice Cup and handle forming coinciding with long-term downtrend resistance. Probably more likely that price could break higher with more risk to the upside than to the downside.
Thinking we might possibly test 2019 high should the above pan out?
Waiting for breakout, alternatively with oil's big rally yesterday, I am waiting for $1,50 pullback for oil based entry, but might have missed it already.
Honestly, just throwing some ideas around - speculative opinion, not advice.
Maybe premature, but with current optimism, and relatively low oil prices I think there is a lot of scope upwards (?)
Nice Cup and handle forming coinciding with long-term downtrend resistance. Probably more likely that price could break higher with more risk to the upside than to the downside.
Thinking we might possibly test 2019 high should the above pan out?
Waiting for breakout, alternatively with oil's big rally yesterday, I am waiting for $1,50 pullback for oil based entry, but might have missed it already.
Honestly, just throwing some ideas around - speculative opinion, not advice.
Comment:
Scratch the oil comment, wanted to delete, but time ran out