Is MPI going to bounce soon?

It was last July 29 when we saw MPI touching again the resistance line and after that a decline from 5.63 to just 5.24 Friday’s closing. This time we are at the support line from the 20-day SMA and 200-day SMA line. Another interesting line is the shown in the chart where we have previous actions. Will these lines help MPI not to fall down any further?

Caveat!

One Response to Is MPI going to bounce soon?

  1. […] where we have previous actions. Will these lines help MPI not to fall down any further? Caveat! Is MPI going to bounce soon? Reply With […]

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