Inverted HS and bullish flag just broken up. It's a massive bullish signal. TP at the resistance 63. Wait and see what the price does, it may not pull back too much and try to break out the 63 level again. This is going to go up up up.
Fundamentals
MoonLake Immunotherapeutics (NASDAQ: MLTX) reported third quarter EPS of $-0.18, $0.05 better than the analyst estimate of $-0.23. Revenue for the quarter came in at $0 versus the consensus estimate of $0.
MoonLake Immunotherapeutics's stock price closed at $37.40. It is down -35.10% in the last 3 months and up 317.77% in the last 12...
Very High probability of reaction on reversal levels.
Based on our team's research of the options market, we expect buy activity at the support level or sell activity at the resistance.
We primarily consider levels to be activity zones, but not to be a super-fine level for establishing a limit order. Use them in combination with your own strategy.
Price is testing to break ath.
Indicator
MACD showing positive sign
RSI is moving upward
Volume break previous average
Moving Average maintain upside as MA50 still intact trendly
All confluences showing positive sign.
Trading Plan:
Buying on breakout at range EMA 5 and 9 or at MA20
If price maintain upward at EMA9, hold for long
Cut loss if price break in...
