$MUBARAK is up 17%+ and has accelerated
sharply from the $0.070 area. Momentum is
strong, but this is exactly where chasing
becomes dangerous: price is sitting just under
$0.0778–0.0794 resistance after a near-vertical
move.
I prefer the retest instead.
Entry: $0.0748–0.0755 if buyers defend the
pullback
TP: $0.0778 / $0.0793
SL: $0.0734
If $0.075 holds after cooling off, continuation
becomes much healthier than buying the current
extension.
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