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MDT just printed something interesting on the daily chart. That falling wedge pattern? It's broken out already, and the candle confirmation looks pretty solid.
What does this setup usually mean? Well, when you see a clean breakout like this on the 1D timeframe, momentum tends to follow through. Based on the technical structure here, we're potentially looking at a 70%+ move over the coming days if this plays out as expected.
The price action is positioning nicely right now. Could be one of those setups where patience gets rewarded fairly quickly.