$MOS
Added 2025-04-14 19:55:05 +0000 UTC$MOS is once again back at the channel top line at $26.80 but this time the 50 and 200 Day MA are at this top line too, making this a strong confluence level
The good news is that if the bulls can flip this level to support and hold above $27 then this is a strong signal that a reversal is on and this could move very well to the upside, with the next targets at $28.36 and $32.
If we then see the start of a new impulse wave then the trajectory can bring the price action back up to the top blue line at $79
Fundamentals are still ok here, growth is the concern but this may change after the next earnings report, possibly why the price hasn't broken out yet too.
