Movement Industries Corp (MVNT)

[SooS416]

Overall chart primed for a breakout after prolonged consolidation in the current channel. Weekly chart bollies are pinching harder than they have in near 3 years, each time the weekly bollies have pinched the stock has reversed strongly. Accumulation also bottomed out number of weeks back and has been rising steadily.

Monthly price keeps riding 100sma support with 200sma as resistance.

Accumulation remains strong on the daily as well. Of course the company needs to follow through and deliver but the setup here keeps getting more and more primed for a massive run with how locked this is and how the chart is setting up.