Mahara seem was in a corrective pattern since IPO and looks to be forming the first 5 five impulse. I expect it to make one more up wave or decline from current prices to where it would correct lower to present a buying opportunity as indicated in the red box. Targets are the resistance lines above.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.