Get started
DerekD_

$MBRX Potential long entry after fib (wedge) retracement

Moleculin Biotech, Inc. (NASDAQ:MBRX)  
DerekD_ Updated   
NASDAQ:MBRX   Moleculin Biotech, Inc.
Trend Analysis
3
0
trendanalysis
$MBRX double fib wedge re-trace down to 50% before potential impulse move back up on the long side. High volume price spike could see to another re-test of $3.25-$3.30 range without breaking previous highs. Time will tell if/when gap fills @ $1.65-$1.75 for possible bounce towards high $2.00 - low $3.00 range.
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.