an Estimate based on good earnings / outlook for MBT
1. the stock is short term very over sold in bullish territory
2. 50% retracement
3. massive buy print on the stock volume
4. if the above means anything with good earnings the stock might go up to 13.5 - 14.
5. the only thing that looks worrysome is the stock performed a 12345 Elliot wave. so if the buyer outlook turns out weak 1,2,3 4 means nothing.
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