Potential Buy Entry Alert

MVP – Medical Developments International Limited

Stock : MVP – Medical Developments International Limited

Current Price : 5.24

Status : On watch for higher low

MVP has been on the cards for a while and has spent a long time correcting off the highs at 6.85. We now see the potential for the stock to build a new major leg higher. The price is holding higher lows at 4.60 and now just below 5.00. We see buyers soaking up sellers and getting more aggressive so are now on watch for a push up through 5.50.