MND 0.08% $12.42 monadelphous group limited

MND Technical Analysis, page-2

  1. 4,634 Posts.
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    It should be fine mate, for a super hold it looks good. Larger degree cycles are 14:12 which is the perfect ratio. It's completed it's 423.6 from the Dec 16 DB right on 1192, that level has now acted as support with a slight overlap which you would hope voids the setup for a final fifth wave. I'd be concerned if 1192 fails to hold if tested again, and there's a stack of resistance in the low 1600's, and weaker resistance between 1450 and 1500, but otherwise looks fine. It's actually in my trading list so if anything bad pops up for me I'll try and remember to let you know.
 
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
MND (ASX) Chart
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