MRCB (#2) – Moving again, +8%
Greetings.
Here is my update on the technical review on MRCB written on 29th Oct. (Link -
)
1. Based on the previous report / analysis, the accumulation ranged spotted is between 0.68 – 0.72.
2. This actually gives a good risk:reward ratio for a trade.
3. Today the price reached a high of 0.755, a gain of 8% from the last report.
4. The Fibonacci key levels are drawn in the chart above. If the price could maintain above 0.75, the next target price will be 0.80.
5. Support is still 0.675 and 0.70.
This sharing has been designed for informational and educational purposes only and does not constitute opinion of whether to buy or sell any security which may be referenced upon this sharing. The services and information provided through this site are for personal, non-commercial, educational use and display. There are substantial risks in stock trading and therefore all investors are advised to conduct their own independent research or seek professional investment advice into individual stocks before making a purchase decision. Cheers
Here is my update on the technical review on MRCB written on 29th Oct. (Link -
1. Based on the previous report / analysis, the accumulation ranged spotted is between 0.68 – 0.72.
2. This actually gives a good risk:reward ratio for a trade.
3. Today the price reached a high of 0.755, a gain of 8% from the last report.
4. The Fibonacci key levels are drawn in the chart above. If the price could maintain above 0.75, the next target price will be 0.80.
5. Support is still 0.675 and 0.70.
This sharing has been designed for informational and educational purposes only and does not constitute opinion of whether to buy or sell any security which may be referenced upon this sharing. The services and information provided through this site are for personal, non-commercial, educational use and display. There are substantial risks in stock trading and therefore all investors are advised to conduct their own independent research or seek professional investment advice into individual stocks before making a purchase decision. Cheers
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