Best Long-Term Buying Zones for MetaTrader Stock

MetaTrader stock is moving in a strong downtrend as a result of selling pressure that pushed the stock down from the $794 level.

It continued its decline to near the $583 level.

The outlook for the stock remains negative, so we expect to see the downtrend continue towards the lower demand zones.

Expected Targets

If the stock continues to decline and the current downtrend continues,

we expect to see a drop to the lower demand zones, which are currently the best buying zones for the stock.

The demand zones are located near the $519 level.

A rise from these levels is expected towards targets at $578 and $640.

The analysis will be invalidated if the demand zones are broken and closed below them with a full candlestick.