OK just playing around with posting charts...
Here's a 15 minute chart of MAH for this week. If you use Fibonacci's (and I have only just started to consider them more seriously), you can see that after spiking to 83c on Wednesday, it dipped exactly to the 62% fib line before bouncing. Also note the reducing volume on that dip, a sign that sellers were not as committed as buyers on the rise.
After a short period of consolidation on very low volume, MAH formed a 15 min swing low, with the re-entry signal for me, a break of that 78.5c ish resistance. From then on price and volume increased steadily throughout the afternoon.
MAH peaked almost right on the 50% upward break Fibonacci, then gave a bit back on the close, but definitely plenty there for the short term trader, and possibly more to follow.
I should add that I didn't get that 78.5c entry (some fat fingered fool mistyped his alert doh), but got a few in low 80's and locked in some on the spike.
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