MCR is a CFD/Daytrader favourite
As soon as key prices broken then stop losses are hit and the price falls on pathetic volume.
Happened at $3 and then again at $2.90.. Price got knocked down to 2.81!!!!
Within 10 minutes the market is back at $2.95
VWAP at $2.98
What does that tell ya!..
Stop losses are stupid.
Smart money is not selling this.
Ignore the noise and read the news.
Its all good!
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