OTCPK:MEDVF - Post by User
Post by
Godfatheron Jun 17, 2020 10:37am
65 Views
Post# 31159832
One look at the chart
One look at the chartSummarizes the sad state of affairs here. Two months of a ski slope pattern, with the price being rejected at the 20 DMA on multiple occasions. 50 DMA has started rolling over, and the price is barely holding the 200 DMA. at .17.
Judging by the market depth and lack of buying, a reversal of this downtrend, is highly unlikely in the near future. The only hope right now, in my opinion, would be FDA approval.