years on the market

MTC stock analysis 09.10.2020

Share continues with the sideways movement, as the price is testing the 340.85 resistance after it tested the support level of 330.70 to the downside and reached 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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