Monaco Coin MCO/USD --- BULLISH chart, target 43 most likely, with tight stop!

in money •  7 years ago 

Here is my chart on Monaco Coin (MCO/USD)...very nice BULLISH chart.

MCOUSD - Primary Analysis - May-15 0018 AM (1 day).png

Seems the strong price surge upwards in a third wave is just starting! If the 200 dma at 9.77 is held, which could be used as a tight stop (risk of run over though) then this is a nice risk/reward trade with target of 43 dollars.

Note: you can right-click and open charts in new tab to see them at full size -- they are quite large and clear.

Hope this chart is/will be useful.

Thank you!.png

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