MXI is building the structure for a strong move higher

Potential Buy Alert

 

MXI – Maxitrans Industries Limited

Stock : MXI – Maxitrans Industries Limited

Current Price : 0.705

Status : On watch for a higher low

MXI is holding support at 0.66 and building the price structure on both the daily and weekly charts for a strong move higher. We are now watching for a pop up through 0.72 and then a higher low to build the buy entry setup. All we can do now is watch and wait for the price action to play out.