MBT has awaken?

MBT continue to be bullish based on our Ichimoku system. Price is above the Kumo or cloud and Tenkan Sen still hovering above the Kijun Sen. The Chikou Span also confirms that MBT is in upward trend since the price corresponding this line is below current price.

Based on Fibonacci Retracement level, we could see that immediate resistance will be at 91.00 while support is at 84.00 which correspond to 78.6% Fibonacci Retracement level and our Kumo.

RSI or Relative Strength Index is about to enter the overbought level.

Caveat!

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