Interesting micro Chinese stock at multiyear accumulation area above $1.50. It could need a few more months before a new (likely) rally. A 100-200% gain could be easily achieved as long as support area holds.
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First step into the right direction. +10% today! Major resistance, since 2011, finally broken and $1.95 minor resistance broken.
Would be nice to see it trading over $1.95-$2.00 for the next couple of weeks.
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High chances of MOBI finally being merged at 2.20/share and going private. That would be +17% profit and the end of this trade.
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