Long
MOBI at a multiyear accumulation area
Interesting micro Chinese stock at multiyear accumulation area above $1.50. It could need a few more months before a new (likely) rally.
A 100-200% gain could be easily achieved as long as support area holds.
A 100-200% gain could be easily achieved as long as support area holds.
Note
First step into the right direction. +10% today!Major resistance, since 2011, finally broken and $1.95 minor resistance broken.
Would be nice to see it trading over $1.95-$2.00 for the next couple of weeks.
Note
High chances of 
MOBI finally being merged at $2.20/share and going private. That would be +17% profit and the end of this trade.
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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.
Related publications
Disclaimer
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.