Medicamen Biotech indications of Breakout
Medicamen Biotech has been in down trend for a long period of time and in recent past it has touched the resistance levels for the third time and with short retracement it is showing indications that it can show some good move north.
Volumes are decent in recent past and its increase in volume can help it go to higher levels. Expecting some move with the levels of 562-621-724-848 with the base levels of 479-445-398.
Volatility is high and can be a factor that can be assistive or destructive so need to watch out on that.
No recommendations, Just my view based on chart pattern.
Volumes are decent in recent past and its increase in volume can help it go to higher levels. Expecting some move with the levels of 562-621-724-848 with the base levels of 479-445-398.
Volatility is high and can be a factor that can be assistive or destructive so need to watch out on that.
No recommendations, Just my view based on chart pattern.
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