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Technical Analysis of MBE, page-2

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Merchant2000

20,106 Posts.

863

27/10/16

13:36

Post #: 20166713
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Originally posted by pods ↑

I'm not that adept at TA. But i found these interesting articles on the matter. Infact, this particular website appears to be focussing on MBE atm. That may be a good thing. But it's TA suggests MBE is in a strong down trend.

The website doesn't make a conclusion, it simply defines the measurements it uses and then gives measurements for MBE themselves. We can draw our own conclusions, but it looks like MBE is possibly in a relative strong down trend, with more selling to come.

http://www.microcapwired.com/ticker...hares-of-mobile-embrace-limited-mbe-ax/12712/
http://wsconfidential.com/trend-indicator-update-on-mobile-embrace-limited-mbe-ax/13044.html

Any others with more TA experience willing to comment on these articles?

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Refer to Monthly and weekly technical analysis of MBE

http://au.investing.com/equities/mobile-embrace-ltd-technical

Last edited by Merchant2000: 27/10/16

MBE Price at posting: 28.5¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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