$MOVR
MOVR
*Current Price:* $7.32 (according to Finnhub), although other sources report different prices, such as $10.778, $11.03, or $12.42.
*Key Price Levels:*
- *Support Levels:*
- $4.70 (lower boundary of the descending channel)
- $4.93 (support area)
- $6.80-7.00 (stop-loss level)
- $12.60 (support level in the descending channel)
- *Resistance Levels:*
- $7.50-7.60 (breakout entry point)
- $8.50-9.00 (first target)
- $10.50-11.00 (second target)
- $12.00 (significant area where buyers previously stepped in)
- $16.90 (resistance level)
- $17.30 (immediate resistance)
*Trading Setup:*
- *Bullish Scenario:*
- *Entry:* $17.02 or $19.27
- *Targets:*
- $17.52
- $21.500
- $24.400
- $29.900
- *Stop Loss:* $18.000 or $6.80-7.00
- *Bearish Scenario:*
- *Short Entry:* Below $16.90
- *Targets:*
- $16.00
- $14.50
- $12.00
- *Stop Loss:* Above $17.50