For what it's worth, here's my take on the immediate future for the share price. It's for those of you who give some credence to the black arts of reading chicken entrails and charting.
I've put some comments on the clickable thumbnail chart below that should be fairly easy to follow. If price does drift down as I've indicated as a result of a failed test of the support line I've mentioned on the chart, it will likely do so until it meets the pale blue 50% line marked on the chart and also meets the rising 41 day EMA (also marked).
I'll be looking to take some of the recent gains off the table and re-enter at a lower level, if the support line fails to hold over the next three days or so.
Regards, Bones
MYR Price at posting:
$3.78 Sentiment: Hold Disclosure: Held
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