Long

MTRX play

Updated
i suspect that we will see a repeat of the previous pattern, if MTRX is able to make it to 2.13, id expect a pull back if buying volume continues to remain low
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price still seems locked to the descending trend line, but as we can see with the sideways action over the past two trading sessions, we could be building some support along the $1.70 price range, with the RSI bottoming and MacD crossing the 0 threshold, ill be watching for this stock to pop higher if they get any type of solid news release or post any meaningful earning.


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MTRXTrend Analysis

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