Raw_Blitz

Medipharm Labs Technical Analysis 16.02.19

Long
Raw_Blitz Updated   
TSXV:LABS   None
Dear Traders,

What a run for $LABS! I'm very happy for those who entered a long position around 1.95C$ you did an excellent job.
$LABS also retraced a bit after that first leg up, but the bulls are strong and a nice reversal occurred!

What now? Well, we did finish the week in a strong way, and indicators are showing buy signals all other the place.

$LABS recently announced great news, and there is plenty more to come!

Let's see what next weeks bring us! I'm still holding my position through the weekend, I'm very confident there is another leg up brewing.

Price Target: 3C$

Trade active:
Looking very nice!~Strong Bulls, with minor retracement!
RSI cooled down and I'm happy to say this looks like a build to a new leg up!

Old price Target: 3C$ = REACH
New price target: 3.38C$

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