Maridive & Oil Services (MOIL) – Surging to New Highs !Maridive & Oil Services SAEEGX_DLY:MOILsnourMOIL Weekly Chart 🔍 The Big Picture: A Huge Symmetrical Triangle Breakout If you look at the middle of the chart spanning from mid-2024 through early 2026, MOIL spent nearly two years coiling tightly inside a massive Symmetrical Triangle pattern (the two solid blue lines): The Compression: Buyers kept pushing the floor higher, while sellers kept capping the rallies, compressing the price into a tight spring. The Launch: A few months ago, the stock violently exploded out of the top of that triangle on heavy volume, completely shifting into an aggressive bull market. 📈 The Current Setup: Re-test and Ride After the initial massive breakout, the stock pulled back naturally to catch its breath, retesting the triangle's breakout zone as new support. As you can see from the most recent weekly candles, the buyers have successfully defended that area and launched a powerful second wave. The stock is currently trading at 0.520 USD, making a clean multi-year high and looking highly energized. RSI (Strength Meter): The RSI is sitting healthy at 67.82. It is entering strong bullish territory but still has room to run before becoming dangerously overextended. MACD: The moving averages are crossed over and pointing firmly upward, indicating strong, sustained momentum. 🎯 The Trading Plan The Entry Zone: Because the stock has already broken out and is pumping this week (+7.88%), entries are best made on small intra-week dips towards 0.480 - 0.500 USD to secure a safer risk-to-reward ratio. Target 1 (Short-term): 0.580 USD (psychological level and previous structural peak from 2018). Target 2 (Medium-term): 0.650+ USD (approaching the major historical resistance zone seen at the far left of the chart). 🛡️ Managing the Risk When riding a high-momentum train, you always need to know where the emergency brake is. Stop Loss: A weekly candle close back below 0.440 USD would mean the current momentum has failed, signaling a deeper rest is required. _____________________ Do you think MOIL will comfortably clear the 2018 peaks on this run, or are you waiting for a minor pullback first? Let me know your strategy in the comments!