Modon price action is warning of a potential bullish move
MODON is set for possible bullish move. Long from the green buy zone or wait for break out above 3.9 AED level, I would place stops below 50 MA or below last swing low.P.S. Not financial advice, my personal view only
Trade active
If you entered from green zone, stop reached but the trade is positive. I would hold until stock close below 3.34 AED.
Trade setup is still valid for break out of 3.9 AED level
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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.