MTDL is developing a cup and handle pattern with VCP characteristics. Although a bit sloppy at the right side, I like to see some more tightness before breaking out of that level. Fundamental is doing fine as well as volume and RS. Also, I simply like the stock sector.
MTDL: Strong Bullish Ichimoku; GC Stochastic (%K = 30.23); Bearish MACD (MACD Level = 10.51);
Look like MTDL will face bearish phase after ascending triangle pattern fail and now it will test the major trendline. And if its breaked MTDL will fall to next support area as the picture roadmap drawed. Oscillator stochastic was confirmed that MTDL will fall because we found hiden bearish divergence.