MBOT - Opinions on this chart - is this a bottoming process? It
has bounced off $1.00 so many times.... too many? And the highs are
becoming lower and lower highs. Any input greatly appreciated.
MBOT - first of all you should closely examine the company's
fundamentals and what are potential drivers. From a
technical perspective, I would certainly prefer to see the chart
firm up by taking out some previous highs on increasing volume.
Small stocks can move quickly so one must investigate
potential catalysts.
MBOT - Opinions on this
Posted by myleshar on 2nd of Feb 2018 at 12:07 pm
MBOT - Opinions on this chart - is this a bottoming process? It has bounced off $1.00 so many times.... too many? And the highs are becoming lower and lower highs. Any input greatly appreciated.
http://stockcharts.com/h-sc/ui?s=MBOT&p=D&b=5&g=0&id=p43631284505&listNum=1&a=575271237
MBOT - first of all
Posted by steve on 2nd of Feb 2018 at 12:15 pm
MBOT - first of all you should closely examine the company's fundamentals and what are potential drivers. From a technical perspective, I would certainly prefer to see the chart firm up by taking out some previous highs on increasing volume. Small stocks can move quickly so one must investigate potential catalysts.
Thanks Steve.
Posted by myleshar on 2nd of Feb 2018 at 12:33 pm
Thanks Steve.