It is looking like the selling is drying up again so we might be close to the next leg up after a few weeks of consolidating gains. $3.25 to around $4.25 and consolidating mainly between $4-4.25 recently. Next target could approach the recent $5 high. Moving averages have turned up after the larger correction from $5 to the accumulation zone above $3 which lasted for around 3 months. Now trending up again and looking like it might be ready for another leg higher.
MWR Price at posting:
$4.00 Sentiment: Hold Disclosure: Held
