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Medipharm Labs - Time for a Reversal ?

Dear Traders,
Medipharm had some nice activity news wise this month and traders are buying again.
All I can see on the daily chart is that we are above the 50 RSI, which is bullish, on the hourly chart we are touching the 100 ma which will define if this is a reversal or not. If we succeed in holding above 1.60 then this could be a very good swing trade.
I entered at 1.58 and i'm waiting for some movement. All we need is some buying volume and this will go up !
MediPharm Labs Corp is a producer for cannabis oil production. The company is focused on downstream secondary extraction methodology, distillation, and cannabinoid isolation and purification.
Any thoughts ?
Medipharm had some nice activity news wise this month and traders are buying again.
All I can see on the daily chart is that we are above the 50 RSI, which is bullish, on the hourly chart we are touching the 100 ma which will define if this is a reversal or not. If we succeed in holding above 1.60 then this could be a very good swing trade.
I entered at 1.58 and i'm waiting for some movement. All we need is some buying volume and this will go up !
MediPharm Labs Corp is a producer for cannabis oil production. The company is focused on downstream secondary extraction methodology, distillation, and cannabinoid isolation and purification.
Any thoughts ?
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관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.