weekend charting 9 april, page-89

  1. 2,397 Posts.
    MDS

    Weekly chart shows breakout from 18 month old sub-5c base.
    That period looks to have given it a solid foundation and the 5c line should provide strong support should it drift back.
    There is a prominent support and resistance zone, highlighted in yellow near the 10c line.
    The weekly MACD has made a bullish cross and the 10wk and 30wk moving averages are looking good again too.

    Will be a mover if it can crack the 10c area as it has done in the past.

    Cheers,
    10cents

 
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