MDT is showing strong momentum at this time, and the current price action looks very interesting. It’s arching lower, and I don’t think its a pattern many of us recognize. However, it’s a pattern that displays the buildup of potential energy, almost like a stretched rubber band. I expect MDT to pop over the next couple of days. As I can see with my previous ideas, the target is excellent, but the signal is sometimes early. I’ve personally taken on this trade as well, and from now on, you will see my conservative TP target with a green horizontal line, and it’s set at $0.058.

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Please keep in mind that I’m not a financial advisor. Trade at your own risk.