fximperija

$MXWL is back in highs

NASDAQ:MXWL   MAXWELL TECHNOLOGIES INC
$MXWL is at 16 the 113 ext of previous high. The rise begun this year climbing from 4.90 to 14.90. Is this the double top @ 16? Perhaps $MXWL will drop back to 11 before taking of. A rising wedge could be the clue for the short. The 17 is in reach, maybe a spike to 18.
fximperija
2 years ago
Update: 16 seems to be the top. Nice double top formed with strong rejection @17. The PA didn't violate the wedge and back to 15 acting now as support. Will this support hold or MXWL is at the breaking point towards 11?
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