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sufficientTort88595
Dec 19, 2023 6:47 PM

MR.UN Trading Strategy: Capitalizing on Demand Zone and Ascendin Long

MELCOR REAL ESTATE INVT TRTSX

Description

Statement: "Based on the demand and supply zones I've mapped out in my trading analysis, I'm eyeing MR.UN closely. If it enters the demand zone between $3.10 and $3.70, coupled with confirmation of an ascending triangle, I intend to enter a position. This strategy aligns with the potential for increased buying pressure in the demand zone, and the pattern's breakout could lead to a target exit range between $4.00 and $4.17."
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