Any fans of history out there will be interested to note on the charts the signiciance of May 15th for MHL in previous years.
I'm of the belief everything moves in 12 month cycles and looking back at '06/'07 there is a history for MHL of record highs achieved on or around this date but be warned in both years history has shown signicant drops in the SP following these highs....
It's an interesting date to note and one i took advantage of last year pulling out at .034 before it fell back to .025 just a few days later....Just a theory and one i thought i would share as it's worked for me year and year again!
Cheers,
MHL Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
