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ASX stock Analysis MVP
Time Frame : Daily Chart
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Watching for BUY Entry Setup
MVP has been a favorite for a while as the underlying story is very good. They have done very well with Penthrox and expectations that the take up of the pain relief drug will continue to increase. The volume (bid and offer) is very thin leaving price a little choppy. We expect that price will hold the MAs and move up through 6.78 highs to start a new leg up with the potential of trading back up through 10.00. Want to see some good volume come in to support 6.00.
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Stock : ASX stock MVP
Current Price : 6.12
Status : On watch for a move above 7.00
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