Disclaimer


This is my unsolicited Point of View and is _not_ a recommendation to buy/sell the security.

*** DO NOT *** attempt to trade unless you FULLY understand the associated (financial/emotional) risks and you FULLY accept responsibility of the results of your actions.

Mind the levels. Manage the risks. Protect your capital. Protect your gains.

Keywords

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Monday, November 13, 2017

$MBT Study 20171113

$MBT Weekly Chart as of November 13, 2017
$MBT Weekly Chart as of November 13, 2017


Notes:
1. Price is near break out level.
2. Moving averages are pointing up.
3. CCIs are above zero level.
4. Stochastic appears to be turning up.
5. Sample Trade:

  • Entry Price: 95
  • Exit Price: 104.85 (+10.4%)
  • Stop Loss: 91.01 (-4.2%)
  • Risk Reward Ratio: 2.47

Mind the levels, manage the risks.
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