
Stock: MM
Company: MerryMart Consumer Corp.
Support: 7.00
Resistance: 9.70
- Formed higher lows.
- Forming a symmetrical triangle pattern.
- Potential for a parabolic rally if RSI breaks 70 level.
Recommendation
- Buy on breakout.
- Target Price: 9.70 (Upside potential if pattern manifests).
- Stop loss level: if falls below 7.00 (Invalid pattern)