Mdt is forming a potential inverted head and shoulders. Similarly a cup and handle!
After breakout the falling trend, it should hit 0.115 soon.. this is a critical neckline which I believe if breakout it would target 0.15. This target is calculated based on the length of the distance between 0.115 and 0.155, which is the distance between the top of the cup and its bottom, same-way the inverted H&Ss would give same target..
After breakout the falling trend, it should hit 0.115 soon.. this is a critical neckline which I believe if breakout it would target 0.15. This target is calculated based on the length of the distance between 0.115 and 0.155, which is the distance between the top of the cup and its bottom, same-way the inverted H&Ss would give same target..