Hi friends,
Here is a chart of MOG showing the interaction between price, the blue pitchfork, a reaction line, a swing projection and a stochastics-rsi indicator.
We find the price bar is soon coming into the time window where the intersection between the middle of the pitchfork and the reaction line is occuring, and a possible swing low has been projected with the stoch-rsi at an oversold low point... signs of a possible short term play soon if prices find support at this middle line of the pitchfork, instead of falling to the bottom of the pitchfork.
For those interested in trading MOG, perhaps this is an interesting period to watch:)
May the best prices be yours - please read the disclaimer below my signature line, thanks.
dascore
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