M8G is fundamentally performing well and expecting a growth of 25-30% per year. However M8G share is trading in down trend channel since July 2021 and still creating lower highs ans lower lows. Current level is important level, if it break down then next support is around 13,5 SEK.
#M8G #technical-analysis
Be prepared to buy the pullback for a potential
gain of 40% with the target set of the 1-1 Ext
at the top of the ascending channel .
This will be a long term investment
Know your invalidation and use a SL
This stock is trading on the OMX30 Stockholm stock exchange
