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MedMen: Wyckoff Accumulation Pattern
MedMen(MMNFF) has formed a Wyckoff Accumulation Pattern and is currently creating a potential ‘last point of support’ pattern in Phase C after a recent ‘spring’ and ‘test’ of the spring. Price is currently below a resistance level(red) at .22c which stems from a price peak made in September of 2020 and then again in December of 2020. Price must move above the .22c level before more gains can be had.
The expected move going forward for price to continue pushing higher into a ‘build up’ pattern and eventually push on up toward the lower resistance line near $0.40/share. The blue line represents the anticipated path for price.
The expected move going forward for price to continue pushing higher into a ‘build up’ pattern and eventually push on up toward the lower resistance line near $0.40/share. The blue line represents the anticipated path for price.
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。