1D. ADX still in a very strong trend (57.8) however, there is growing strength with the bearish directional movement.
Wave trend still showing the stock to be at overbought levels. RSI showing bearishness, with a downward release just occurring.
MACD seemingly wanting to convert into a negative state.
The Chaikin is still negative but neither drastically dropping nor rising.
Volume flow showing a supply release at these levels.
Two anchored VWAP: The first starting at the bullish trend is at 11c, with the second at 14c.
As stated prior I believe optimal entry at 14-14.5c or below.
MMAR still in a bullish state.
Will wait till RSI and MACD start their bounce with volume to support the rise.
Support levels at 15c-14.5c, an curious to see if they'll hold true.
With a run of 1000%, I'm sure some of the millionaires this stock have minted would rather the cash (large supply releases at 17c-> 15.5c), with potential future millionaires absorbing a large quantum of shares through the current drop although yet to be seen if they can stunt the seller supply release.
As always this is my own speculation, please DYOR