MDA - huge volume, small cap, promising fundamentals

27 paź 2018

MDA saw lots of volume in the past weeks and has risen more than 400% percent followed by 50% correction. The volume has decreased since then during the correction. However, it is still significant (2.6 million for the last 24 hours) compared to its market cap (30 million). The fundamentals of the project are very promising and it has already functioning product with real impact on society. Due to the small market cap, further upside action is likely. A possible trading plan is as follows:

Buy order (now) - 0.00024390
Stop loss - 0.00023446
Take profit (30%) - 0.00051299
Risk/Reward ratio - 28

Follow for future updates with next take profit targets!