MPJO on the move, page-13

MPJ's taken a hit due to general market weakness IMO. I'm still sitting on the sideline biding my time, waiting for the ASX to break out one way or the other from my chart below. Which ever way it goes will dictate weather I buy back in or continue waiting.


I'm still very Bullish re MPJ and think this is a long term winner, but you just can't ignore what's happening around it.

News due sometime this week or next, if the ASX breaks out to the topside I think there will be some good gains, but if it's still stagnating or breaks out to the downside, I wouldn't expect fireworks from MPJ anytime soon.

Cheers