Let's have one educated guess where $MOS is climbing to?
Correct the 200 WMA at $38.70.
Very clean breakout since holding support at $22 and once the price action broke out of the channel, above the 50 WMA and the blue support line, the price action has not looked back and has bounced strong.
We have been following this for some time and talked this group though the move since the price action was still in the channel.
Only 1 wave bounce so far, a pull back after hitting the 200 WMA to a higher low would be expected next and I will add the support level when this bounce completes.
MB926
2025-05-16 11:23:03 +0000 UTCJohnnyboy
2025-05-15 21:04:16 +0000 UTCDiegoTheSabre17
2025-05-15 16:23:13 +0000 UTC