MK RESTAURANT GROUP - short position
The RSI indicator is above 70 which shows overbought conditions.
We expect that the price will get rejected at the resistance level . Next we expect the price to retest the downsloping trendline as a support.
Entry, stop loss and target are shown in the chart.
We expect that the price will get rejected at the resistance level . Next we expect the price to retest the downsloping trendline as a support.
Entry, stop loss and target are shown in the chart.
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