babysharkdoodo0
Lets see if this plays out. On 5 minute TF, looks like Wave 1 to 5 and ABC have been completed. On a bigger TF, the next move from here could be Primary Wave 3.. could TP at around 1.100+ at Fibo 1.618 area
Price keeps moving up on IPO debut with not much volume.. how long before the dump? Perhaps closing at 1.020 on debut?
If previous IPOs are a go-bys, I'll be waiting at the bottom of the "Cup" for my entry
Short term MBSB could be heading to support area around 0.700 If Cup and Handle pattern forms, TPs are the greenline marked on the chart. Dividends have been good from this stock, plus it's a Banking stock.. with interest rates stable and potentially going down from here, loans are going to be cheaper and banks profit will grow Q-on-Q. It's also one of the only...
Next TP based on X-to-X Flag Breakout is around $4.50 Subsequent TP based on Fibo 1.618 and 2.618 Extensions are at around $5.50 and $7.50 respectively