MCC - Fallen angel breakout long from current level

17 באוג׳ 2018

MCC is in our watch list from quite a while. After a huge fall it made a base and suddenly broke out on huge volume. It has lots of divergence in the Money flow. Though it had a big run already, it still can be a good Long opportunity from current level if the market is positive. For the conservative trader it would be good idea to wait till it breaks it MA line resistance.