short term trading - week starting 14th jan, page-29

EnTry for STT list

tA - long

MLX

I placed it in the weekend STT forum, but had a rethink and decided to post it up and provide a couple of reasons.

Stock is on the rise from its 11.5c lows in December. Plenty of interest and volume, with support/resistance being at around 22c

A wall was put up at 15.5c, but managed to brek through and hit 16.5c on Monday, before dropping back to 15.5c to close the day.

If you like FA stories, Tin is at an 11-month high, and this has piggy-backed off it.

Not a very good TA description, I know, but DYOR