MSOS - Ascending Wedge- Downward Move

177
I actually would like to see MSOS move upwards.
The only thing that has me worried is this ascending wedge that is pretty obvious.
Classic move downwards to the .786 Fib around $6.28 range.
The only thing that would catapult it up would be the reclassification to Schedule 1.
I would like to see it break and test the ~$12 area.

The is not trading advice, just something I happened to notice and wanted to share.
Nota
Reclassification to schedule 3* is what I meant.
Looks like it happened so let's see where the price action takes us.
Nota
Fall in the market kick started the dump. I fully expect it to drop further.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.