$MSTRB , damn, this thing’s been going kind of crazy.
Current price: around $146
Up about 4.3% over the past 24h, but volume is weak
Analysis: First, looking at the chart structure, this bounce started around 135, and 152 above is the recent high—it’s been a pretty firm ceiling. At 146, we’re kind of in no-man’s-land, neither here nor there. Weak volume suggests there aren’t many buyers pushing it up, and the bounce has been a bit too quick. Damn, if it can’t hold 146, I’d look for 140 first—that’s today’s open. If it breaks below that, we could head back toward 135. If it can hold 146 and move sideways, then it might get another shot at 152. Anyone who chased it, how’s it feeling?
Current price: around $146
Up about 4.3% over the past 24h, but volume is weak
Analysis: First, looking at the chart structure, this bounce started around 135, and 152 above is the recent high—it’s been a pretty firm ceiling. At 146, we’re kind of in no-man’s-land, neither here nor there. Weak volume suggests there aren’t many buyers pushing it up, and the bounce has been a bit too quick. Damn, if it can’t hold 146, I’d look for 140 first—that’s today’s open. If it breaks below that, we could head back toward 135. If it can hold 146 and move sideways, then it might get another shot at 152. Anyone who chased it, how’s it feeling?