MRCB (#2) – Moving again, +8%

Greetings.

Here is my update on the technical review on MRCB written on 29th Oct. (Link -

)

1. Based on the previous report / analysis, the accumulation ranged spotted is between 0.68 – 0.72.
2. This actually gives a good risk:reward ratio for a trade.
3. Today the price reached a high of 0.755, a gain of 8% from the last report.
4. The Fibonacci key levels are drawn in the chart above. If the price could maintain above 0.75, the next target price will be 0.80.
5. Support is still 0.675 and 0.70.

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