MAD 3.36% $5.53 mader group limited

Keeping it Simple.. Just Price Action14-Sep-2023 : Why MAD...

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    Keeping it Simple.. Just Price Action

    14-Sep-2023 : Why MAD should be on your watchlist..
    1. Continuation trend pattern... Bullish Flag
    2. Flag break out on 11-Sep-23. Maintaining a constant low since then.
    3. Good support at 20 MA
    4. Check the volumes from previous months... Huge uptrend in average volumes.
    How will I trade this ?... Enter in the current range at around 7.6, with a tight S/L just below 7.4 ( ~ 2.5% Stop Loss only ).

    ** This is only my opinion and may not be correct. Please do your own research.

    https://hotcopper.com.au/data/attachments/5583/5583085-85f951c2eef2aec8db8bd1488ef69299.jpg

 
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