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chemist72

05/02/20 11:12 AM

#30541 RE: peterpeter #30517

I like to look at charts also.

Just want to add the following facts to MVNT's chart display that was shown:

1) MVNT has not traded above $.01 since Feb. 21, 2020.

2) Its been 14 weeks of trading at or below a penny.

3) During this 14-week period, volume for MVNT has been above 1M shares only 5 times (daily volume that is).

Even though volume has been "low", the inability of MVNT to trade above $.01 implies to me that there is "significant" resistance at that price. (I have stated this opinion recently on the board and am waiting for MVNT price to go above $.01 to resolve a dispute I have with SooS regarding this opinion).

Finally, I can find nothing positive about MVNT's price chart since Feb. 24, 2020, and will likely find nothing positive to say about it until MVNT can break above $.01 and also close above that price!