MOREPENLAB: Daily chart shows a breakout after long downtrend.

Price has moved above 40–41 resistance with strong momentum. MACD bullish crossover and RSI near 70 indicate strength, but short-term consolidation is likely after the sharp move.

Support: 41, then 36
Resistance: 49–50 zone

Bias remains bullish as long as price holds above 41. Next upside zone to watch is 50. Avoid chasing; better entries come on pullbacks or consolidation.