MOREPENLAB Long Base BO [Weekly]
MOREPENLAB has given a long base BO on weekly timeframe with good volumes.
As chart shows, there seems to be some overhead supply at 62 ahead, but for now seems a decent bet to get in as its moving past a pivot point with good enough volumes.
As chart shows, there seems to be some overhead supply at 62 ahead, but for now seems a decent bet to get in as its moving past a pivot point with good enough volumes.
Nota
Going strong as of now. In an uptrend, not breaking key levels in recent global volatility.Nota
Selling into strength right now, I see some long term resistance ahead near 74 to 75. It might move sideways or even give a buying chance when it consolidates near 21 DMA.
Good pick :)
Nota
Well in hindsight, I should have held on to it. I didn't....
Anyways, great move. Need to learn to hold a bit longer. Notes for me I guess.
But good catch, now moving on...
Penafian
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