MIN 3.79% $47.25 mineral resources limited

MIN chart, page-247

  1. 10,077 Posts.
    lightbulb Created with Sketch. 4358
    another higher open+15c smashed down to along red candle -126c
    5c neck 16c tail, small ends again
    long red candles a worry
    48-51 area reconnected again, 5th time.
    cant seem to stay above water in that 53-56 zone

    SHORTS smashed it again today
    they are trying to break it but every red candle seems to be met with a green one next day
    so its a zigzag at bottom range but a ledge has been found around 50-54
    need to see if this ledge can hold but it has 4 times now & this is the 5th attack on it in 3 weeks.

    SHORTS made money today tues & thurs
    but lost money mon wed fri so not looking good as the money they make they loose the next day
    if this trend continues they will give up and go LONG at some point.
    When that is we shall find out, normally in November when BULL SEASON starts.

    Still a HOLD here as signals emerging of a rebound flooring pattern but that was today broken down again so tmrw & wed will be the key to see if this ledge can hold.
 
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