Quick heads up on $MBG ...we’re sitting around $0.4547, and honestly, it’s looking like a bit of a consolidation after the recent bounce.
If you’re holding, keep an eye on $0.4539 - $0.4528....that’s the zone where buyers might show some interest. If that breaks, we could see a slide toward lower levels.
Upside? There’s potential resistance near $0.4550. A clean break there with some volume could get the ball rolling again.
My personal take: It’s a bit of a wait-and-see situation. If you’re already in, maybe watch how price plays out around current levels. Stay smart, watch the zones, and let the market show you the move before you jump in.
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Quick heads up on $MBG ...we’re sitting around $0.4547, and honestly, it’s looking like a bit of a consolidation after the recent bounce.
If you’re holding, keep an eye on $0.4539 - $0.4528....that’s the zone where buyers might show some interest. If that breaks, we could see a slide toward lower levels.
Upside? There’s potential resistance near $0.4550. A clean break there with some volume could get the ball rolling again.
My personal take: It’s a bit of a wait-and-see situation. If you’re already in, maybe watch how price plays out around current levels.
Stay smart, watch the zones, and let the market show you the move before you jump in.
#MBG #Rmj-Trades