MPLN - Descending Megaphone
MPLN has formed a large descending megaphone with touches along the bottom line the only bullish area on chart
From this we can conclude once the current bear move finishes and a touch on the lower line is hit the bulls will come back briefly, against the trend
This is shown in the green circles
Red arrows for emphasis
From this we can conclude once the current bear move finishes and a touch on the lower line is hit the bulls will come back briefly, against the trend
This is shown in the green circles
Red arrows for emphasis
Penafian
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