Monthly Value Areas : VAH-736.20, POC-717.30, VAL-698.40
M&M after a good run-up from 621 - 739 corrected exactly 50% around 675 and is on the verge of moving up if closes above 698.40.
Looking at the chart pattern, a 80% rule can kick in above 698.40 for a target of 717 and 736. Positional SL for the above comes just below 686 on an hourly closing basis.
M&M above 698.40, makes a high of 710, now trail SL just below 695 on hourly closing basis...
ReplyDeleteM&M makes a high of 721.50, first target done, now trail SL just below cost on hourly closing basis..
ReplyDeleteM&M all target done at 740, can hold on with SL just below 736 on hourly closing basis..
ReplyDelete