MPL showing signs of weakness with sellers poised to take control

Potential Sell Alert


MPL – Medibank Private Limited

Stock : MPL – Medibank Private Limited

Current Price : 2.755

Status : On watch for lower high

MPL is poised to break out of the current contraction with all the signs pointing lower. We see lower highs holding after the push up to 3.05. Key minor levels are now 2.73 support and 2.83. If price pushes through 2.83 then buyers are on the move. If we see a push below 2.73 then the sell setup is the next step.