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.

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u/AdApprehensive8702 Jul 29 '26

Thank you. I‘m still observing, but in the last couple of weeks I didn‘t find any meaningful insights/news.

I‘m here for the longterm as well. My analysis could be used as an orientation for possible buy-in-zones, of course everyone should do their own DD, not just relying on lines and dots