Long
$MBII Ramping up for a good summer
Nothing special here but some support, resistance, and trend lines. MMBII has been on a steady increase since the December sell off, creating higher highs and higher lows for 6 months straight.
Summer seems like a time that Marrone will make more sells and partnerships, so I expect for this trend to continue until we hit that $1.85 resistance again. We failed earlier this month to break it but we have been at the $1.60 support for about a week now. Keep an eye on the next time it's reaches that level and any news around MBII. I think we'll $2.00 by the end of Summer, but I am happy to hear any opinions or TA around MBII as well.
Summer seems like a time that Marrone will make more sells and partnerships, so I expect for this trend to continue until we hit that $1.85 resistance again. We failed earlier this month to break it but we have been at the $1.60 support for about a week now. Keep an eye on the next time it's reaches that level and any news around MBII. I think we'll $2.00 by the end of Summer, but I am happy to hear any opinions or TA around MBII as well.
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