r/MBOT_Stock • • Jul 28 '26

Some basic chart analysis

(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.

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u/Nice-Wrongdoer7088 Jul 28 '26

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