MBRX trade ideas
MBRX: A DEEPER CORRECTION BEFORE ONE MORE WAVE UP?MBRX is in the middle of a correction after the previous big wave up. I'm expecting one more wave down before a potential big wave up. A breakout on the upper trendline invalidates this setup.
Taking another swing hereAs we see, a correction is happening, but I think it will end within the next two hours.
Then of course, the price will follow the initial trend, and we have our long position. I entered a small position already, what is a bit sketchy, but I think it is worth it.
-EMA 200 says: buy
-Main trend says: buy
-past patterns say: buy
-higher highs and higher lows means: buy
so I will buy.
Good luck to all of you!
MBRX has more good news and continues to follow the trend line!As I forecasted yesterday, MBRX has all the fundamentals and technicals in place. Well above the EMA, closing higher than the open, and having a healthy resistance upwards. I estimated 2.60 a little too soon but tomorrow the 28th will certainly hit 2.60 as the trendline continues.
