Setup for trading MOS

Setup for MOS (Mosaic) – Nov. 15, 2022

Here’s a setup for MOS (Mosaic).

It’s consolidating in a range with resistance at around 56 (200 ma) and support at around 46. What MOS does is going to be significantly effected by what the general market does. If the rally continues, then MOS has a good chance of breaking thru resistance and having a nice 10 point move. If the rally stalls here, then MOS can head down towards support and possibly lower.

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