After spending 8+ months in consolidation, M&MFIN has finally broken above a well-defined descending trendline – a bullish technical development with solid confirmation!
🔍 Technical Highlights:
🔴 Multiple rejections from the trendline in the past – now successfully breached
📊 Volume spike on breakout day → strong buyer interest
📈 RSI above 65 and rising → momentum strength
🟢 Trading above key EMA50 → trend reversal signal
Disc: for study, not a recommendation. DYOR
Follow for such interesting charts.
🔍 Technical Highlights:
🔴 Multiple rejections from the trendline in the past – now successfully breached
📊 Volume spike on breakout day → strong buyer interest
📈 RSI above 65 and rising → momentum strength
🟢 Trading above key EMA50 → trend reversal signal
Disc: for study, not a recommendation. DYOR
Follow for such interesting charts.
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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.
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.