ASX:MGU TSX:MVP ASX:PV1 ASX:AW1 NASDAQ:LNW ASX:LDX ASX:AZS NYSE:IDA ASX:MP1 ASX:LRS Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list. Today's ASX's Top 10 Quarterly Momentum...
MVP sitting in previous support zone, breakout of falling wedge big volume at the end of the move. Target marked on chart
A$5.9 is good price to buy in LVN zone of Volume Profile graph. There is a MACD cross on oversell zone. TP1 is 6.12 and TP2 is 6.57. Stopless is 5.70
MVP has had a good run over the last 12 months up around 170% and with the recent turbulence has had a 10% pullback. If it climbed back up to around $10.20 or so to reconfirm direction it could be worth a look. Medical Developments International Ltd. engages in the manufacture and distribution of pharmaceutical drugs, medical, and veterinary equipment. It...
Becomes shortable upon base failure. worth watching.
You may need to zoom out to see the red resistance upward trendline, and green support upward trendline. These two parallel trend lines show you the big picture.
$MVP broke out of a short-term bull flag on strong volume today. The pattern has a target near $5.80, which is also where resistance is expected to be found as it was a strong pivotal point during the Distribution phase back in mid-2016. The move today could also be the start of the Sign of Strength as it moves out of the 9-month long Accumulation trading range...