$MUBARAK has made a huge comeback from the $0.028 area and is now trading around the $0.05 zone, with volume suddenly exploding. The market cap jumping from around $33M to over $43M in just one day.
Now the important part is what happens after this move. The $0.0512 area is the first key resistance, and a clean break could bring $0.0656 and then $0.0703 into focus.
This is no longer just a small bounce. #MUBARAK is getting serious attention, but after such a fast move, pullbacks can be aggressive too. I want to see whether buyers can hold the higher levels instead of giving the whole move back.
Now the important part is what happens after this move. The $0.0512 area is the first key resistance, and a clean break could bring $0.0656 and then $0.0703 into focus.
This is no longer just a small bounce. #MUBARAK is getting serious attention, but after such a fast move, pullbacks can be aggressive too. I want to see whether buyers can hold the higher levels instead of giving the whole move back.
