On a weekly time frame, MDTL is currently in a descending parallel channel. Upon break out next resistance level lies at 2.34 which can be consider for short term approach. For swing trading setup, the price need to break descending trend line and if this happens then next resistance level of 3.42. Use stop loss at 1.30 to manage risk.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.