Long
$MARK coiling up for a breakout?
MMARK is a technology-focused company, develops and deploys artificial intelligence products for business solutions. They have a thermal camera that can help businesses detect high body temperatures for potential COVOID-19 victims.
With COVOID-19 infections slowly ticking up in the US and more cities are are temporarily shutting down, we might see more demand in these thermal cameras for businesses.
MMARK has been coiling up in the triangle for a potential breakout past the hourly resistance and 0.5 fibanocchi at around $2.40
MACD indicator is slowly crossing back up on the 4hr chart which is bullish.
An ER is scheduled on July 6th, 2020 at 4:30 pm EST.
MMARK also has about 16% Short Interest.
Keep in mind I am not a financial advisor and this information is strictly for educational purposes only.
With COVOID-19 infections slowly ticking up in the US and more cities are are temporarily shutting down, we might see more demand in these thermal cameras for businesses.
MMARK has been coiling up in the triangle for a potential breakout past the hourly resistance and 0.5 fibanocchi at around $2.40
MACD indicator is slowly crossing back up on the 4hr chart which is bullish.
An ER is scheduled on July 6th, 2020 at 4:30 pm EST.
MMARK also has about 16% Short Interest.
Keep in mind I am not a financial advisor and this information is strictly for educational purposes only.
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