MNMD Biotech Penny Stock SHORT SETUPNASDAQ:MNMD
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This stock had a quick response to good earnings and
it is now at resistance with the RSI swing indicator
printing a Sell Signal.
The MACD, a lagging indicator, shows the signal
above the histogram without a K / D cross
not yet started.
I would like to take a short trade setting a stop loss
above the resistance zone and targeting 10%
to the POC line of the volume profile sitting above
the support zone.
Please comment and offer your opinion.
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