IMO, the Moving Average Convergence Divergence (MACD) on the weekly is showing weakening bearish momentum...........and a potential shift to a new bullish trend is developing as it approaches to the zero line. The trend has developed over notable time, and IMO is likely to continue.
IMO, the fundamentals are also showing potential bullish signs.....considering the recent "best in class" clinical trial results and all the potential strategic partnerships which are in development.
IMO, if MEM can continue on current track......then we could see the development of a sustained uptrend with this recent double bottom (as per above attached post) being our trend reversal point in price action.
MEM Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
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