As requested, here it is my analysis on MTNB!
As another request, I’ll analyze MTNB today! This time for D0981237654!
The stock has low liquidity, so, the intraday chart is hard to read. But we have some good signs in the daily chart. We have an inverted head and shoulders + an advanced breakout on the RSI.
In the weekly chart we are above an interesting support level. If I had to do anything here, I would buy, set a stop-loss under 0.72 and aim for the 1.70, or even the 2.20. Good risk-reward ratio!
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
The stock has low liquidity, so, the intraday chart is hard to read. But we have some good signs in the daily chart. We have an inverted head and shoulders + an advanced breakout on the RSI.
In the weekly chart we are above an interesting support level. If I had to do anything here, I would buy, set a stop-loss under 0.72 and aim for the 1.70, or even the 2.20. Good risk-reward ratio!
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
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