With this lone doji outside the Bollinger Bands and the TSI in overbought region, MSB is ripe for a correction, hopefully, a minor correction (as the Stochastic Momentum Index suggests this time around), not like the ones in 2017 and 2018. Because if this happens, the SP is going back to 1 dollar and it will be a long while before it gets back up - if at all - to where it is now. So,hopefully, notwithstanding a minor correction, it should proceed to the 3+ dollar mark. But the kind of protracted range bound, sideway price action MSB has been doing since 2016 looks like a 3-drive to the top/3-drive to the bottom pattern and that's a big worry.
MSB Price at posting:
$2.69 Sentiment: Hold Disclosure: Held
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