#MNT/USDT#MNT
We have a bearish channel pattern on a 12-hour frame, the price moves within it, adheres to its limits well, and is expected to break it upwards strongly.
We have a green support area at 0.800
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that supports the price higher
Entry price is 1.04
The first goal is 1.17
The second goal is 1.31
the third goal is 1.45
MNTR
MNTR breaking out from falling wedgeCannabis Industry has been in falling wedge and now breaking out as CBD oil demand is high along with other products.
Mentor Capital has broad offering.
* CCI higher than ideal for entry at low 0.90-0.93, going to next level 1.07 and up from there to 1.40+.
Buyers come to own conclusions. This could be your second share for some.
Beyond Tech (Opinion) #MNTRThis stock is interesting to look at.
"Mentor Capital, Inc. focuses on investments in the medical marijuana and social use cannabis sector. The Company is operating an acquisition and investment business." - Trading View
Something interesting with this stock happens in this range. It's hard to see but if you zoom in all time when the stock dips below .10 it rockets up like mad. Similarly, in the range I put yellow lines on. The amount is not exact because I'm zoomed out but you get the idea. I'm sure the spikes correlate with pot laws and perhaps contracts. The current situation is a bit of a squeeze. Either it pops out and spikes like the November 2017 spike, or goes sub .10 in which case it makes an interesting choice.