years on the market

MTC stock analysis 02.10.2020

Share continues with the upward movement, as the price is testing the resistance 340.85 after testing the support level of 330.70 to the downside and reaching the support level near the 50 SMA. Which is moving near the major support at 330.50.

The stochastic oscillator is on a downward path, and this coincides with the price test of the support level and the 20-50 moving averages

The expected trading range is between 301.40 support and 350.50 resistance

The expected general trend for today: Bullish.

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