The MLN stock has moved sharply upwards with strong momentum in green, surpassing the short-term consolidation area. Buyers are dominating the market, indicating a continuation of the trend towards higher resistance levels.
Trading Settings:
Entry: After confirming the breakout
Target 1 (TP1): 8.00
Target 2 (TP2): 8.20
Stop Loss (SL): 7.75
Risk Management:
Make sure that the risk of each trade does not exceed 1-2% of the total portfolio. Take partial profits at TP1, then move the stop loss level up as the price rises
