Short Term Trading Week Starting: 5th Sept, page-221

Hi rask,

I have got mp1 on the weekly as a filter, upward channel in play still. It has run hard but still upward pointing and looks to me like it needs some time to take a breather though. I forgot to add that in my eyes, I could see a major reverse head n shoulders pattern, with the 2.30 to 2.40 area the breakout, or average up area. Nothing wrong with a break even result.
A short term play is standing out with Sep 1st hammer close as a stop maybe or a tad under. Trailling stop ought to be raised for those whom are long to lock in those gains. May see a few days of lower volatility and then a renenwed attempt forward. $2.70 -$2.80 next target. This is all TA based with no FA factored in.

Please DYOR as this is not a buy or sell recommendation

Cheers
GF