Long
MTRX
MTRX is looking like a textbook cup and handle pattern, if this break the resistance this week we will be looking into some beautiful upside. My first target is .52c - .55c then if the relative strength is still high we may be going to .65c.Reasons for being bullish:
1. Cup and handle pattern setup.
2.Product will be available in a matter of weeks assisting with medical industries and HR.
youtube.com/watch?v=-n_-X1_wwj8&feature=youtu.be&utm_medium=email&_hsmi=98387989&utm_content=98387989&utm_source=hs_email
3.Possible hidden bullish divergence.
About: Like the internet connects websites, Loop connects physical locations – providing the data
connectivity that will level the playing field between brick and mortar retailers and online giants.
Source:loopinsights.ai/
Note
First Target hit!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.