re: pullback..bounce
Yep..these kind of trading patterns are very common with mbp...big runup then very quick pullbacks and just as quick a recovery/bounce...often forming hammers and v-shape bounces rather than scallop like. It often forms more consolidation/pullback days than up days...but this is common in all stocks..with mpb, however, the up days are explosive which sets the tone for a massive up-move...big run ups/minor pullbacks. Don't worry of any minor pullback...it will bounce just as quick! It needs this to sustain the up-trend...a shakeout of weak hands if you will! :)
MBP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
