MOD remains resilient within a bullish technical structure that was highlighted earlier this month, averting a potential correction that was experienced by the smaller-cap companies this morning. MOD closed the earlier session at $14.28, an intraday gain of +2.29%.First sign of bullish trend resumption for
MOD was signaled with a Bullish Reversal Hammer candlestick pattern on 20th November 2020, with a further continuation breakout on a week’s of consolidated price action on 15th December 2020.At the current junction, immediate resistance for
MOD is clustered at $14.85 to $15 range. MOD will be set to attain its 2 years high at $16.67 upon the clearance of the highlighted range.Share this:
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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.