Moneylion: Inverse Head and Shoulders, reversal coming

BATS:ML   MoneyLion Inc.

I've previously posted my article on the strength and potential of ML as a company. My thesis still stands in a mid-term perspective. Additionally, lowering of interest rates and a rotation out of large cap stocks will be very beneficial for Moneylion.

On a technical level, MACD, RSI, and TTM Squeeze prove strong on the 4H chart.

Additionally, 9 and 21 day SMA have crossed.

There was no justification for the recent downturn, and the charts prove a reversal could be coming in the near-term for a company that's strong in the long-term.


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