MSTC Ltd. - WEEKLY VIEW

٣١ مايو ٢٠٢٠

MSTC Ltd.

Anticipated positive move witnessed above 116 on the higher side. However, the price faced resistance from the weekly higher side & mid-bollinger band.

Though the price is able to maintain a position above 50MA: 112.30 but strong positive bias had been damaged.

If the price is again able to continue positive move on the higher side, then 123 - 124 - 126 - 130 are the noticeable resistances.

Weakness below 110 can test 105 - 100(5MA) - 99 - 90 - 88- 84 on the lower side.

KEEP AN EYE!! Please watch the momentum carefully before taking any trading position.

#tradingedge_academy #SMTA_institute