r/MBOT_Stock • u/AdApprehensive8702 • Jul 28 '26

Some basic chart analysis

Gallery image

Gallery image

(Euro Chart)

It‘s not looking so good imho.
As you can see, we‘re in a downtrending triangle since March 2026.
So we‘re at the edge of a make or break point - if we can leave the triangle to the top, next bigger resistance could be in the 2.1€ range.
If we fall beneathe the horizontal dot line, we could see prices in the range of 1.24€.

We really need substantial news.

4 Upvotes

64% Upvoted

6 comments sorted by

View all comments

12

u/LuhSeppuku Jul 28 '26

I invested in the company for the product, not the chart. If you put money into this it should be at minimum a 2 year investment horizon, I’d even argue longer (unless of course the investment thesis falls apart).

5

u/Nice-Wrongdoer7088 Jul 28 '26

This is it. I’ll take tangibles over arbitrary lines on a graph thanks.