Milton Corporation

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Trading for Milton Corporation highlights the commitment of buyers to carry positions overnight.

[BULLISH]: Milton Corporation buyers are in control at the market close. There has been 4 consecutive days of prices closing in the upper part of the trading range for Milton Corporation adding strength to an uptrend in the first timeframe & highlights the commitment of buyers to carry positions overnight. Over the last 12 months there has been 6 trading days with the closing price in the upper part of the range giving a confirmation ratio of 2.3%. Over the last month there has been 6 trading days with the closing price in the upper range giving a confirmation ratio of 37.5%. Currently this quarter, closing price has spent 6 days in the upper price range compared to 1 days in the lower range giving a ratio of 6x.

MLT Basic Candle: White Opening Marubozu

[BULLISH]: Milton Corporation has formed a White Opening Marubozu candlestick. This means, MLT has received strong buying confidence and upward price movement over the trading day with only a small upper shadow present. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

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