M1

M1 - 18th Jan 2017

M1 today had a nice breaking out at $2.11 and closed well at $2.14 couple with quite a high volume this is rather positive.

The current price is hovering above the 20 & 50 SMA lines which is generally quite positive.

Also both Macd & Rsi are still rising which may likely provide further indication that the share price may continue to trend higher.

Short term wise , I think it may likely move up to test $2.20. Breaking out of $2.20 with high volume that may propel to drive the share price higher towards $2.30.

( trade base on your own decision)