MPL showing early signs of weakness so watching for sell entry setup

Potential Sell Alert

 

MPL – Medibank Private Limited

Stock : MPL – Medibank Private Limited

Current Price : 2.765

Status : On watch for lower high

MPL looks weak with lower highs building and setting for a push below support at 2.65. We still see that price action has some work to do so are looking for a break of support and then a pullback to build the lower high. Once we see this play out then we will watching for the sell entry setup.