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MRF LTD
Short

Short on MRF with divergence

96
A weekly chart of MRF hasn't shown any considerable signs of weakness, but the daily broke the descending triangle's bottom @70976 with MACD in divergence with the price action. As marked stays above zero with weekly and monthly both the charts showing positiveness, the bearish movement might just be a correction so my target is going to be 667999.snapshotMRF
rkskitchen6
DivergenceMRF

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DivergenceMRF
rkskitchen6

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.