MLGO stock is predicted not to break through the $4.97 double top resistance in the current trade setup due to overhead resistance.
"Pop Quiz mlgo... do we take this trade right here to buy this first candle to make a new high on the F minute chart over 480 what's the answer yes or no the answer is no the reason we will be approaching a double top 497 double top previous high at best what we could do is it could come up to the double top it could consolidate and then form what's called a cup and a handle formation... but this trade right here too risky overhead resistance does not work so that's mlgo so no no trades on that one didn't trust it"
