JohnDRock

MVMD Chart - Bullish Falling Wedge

Long
CSE:MVMD   MOUNTAIN VALLEY MD HOLDINGS INC.
I've been watching this chart since January, and have been tracking the upper and lower trend lines during that time. If you set your chart to 1 day interval, and look at the 4 month, a clearly defined bullish falling wedge can be seen with a rapidly tightening range. I theorize we'll see an imminent breakout. I hold a position in this stock, and have been adding at the pullbacks. Would love to hear feedback and thoughts.
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.