Sep. 8 at 10:03 PM
$MMA What stands out:
* 🟢 Huge lower wick down to about
$0.39 → strong rejection of lower prices.
* 🟢 Candle recovered and closed around
$0.45, near the top of its range.
* 📈 Price is back above the 9 EMA, 50 SMA, and VWAP (~
$0.44).
* MACD is starting to turn upward, which adds a little confirmation.
What I’d watch next
The key is whether MMA can hold
$0.44–
$0.45 and then break
$0.46–
$0.47 with increasing volume.
If it does, the setup becomes considerably more bullish, with
$0.48–
$0.50 as the next obvious area.
