MGX Charting, page-12

If the price continue to 'recover' a real test would be the $1.00 level.

On a weekly setup, that 1st week Sept candle pin bar I though was instrumental in defining the bottom of the deep pullback but it has always been timing when buying. I did suffer a deeper drawdown than anticipated so I didn't want to utilise a tool some uses (average down) regardless of how juicy a setup may be! Secondly the Chair buying big chunks was another subtle signal that gave me some comfort it wasn't going to collapse into a heap of dung, one just never know with operational difficulties that usually gets communicated to us mugs when all else fails.

This has a lot of catching up to do and I must admit I was an 'accidental' investor here with my preference being FMG. IF correlation exist in the sector, we can look to FMG as the leading indicator if this sustaining rally has legs. They got a sell rating from one of the big investment banks so as always there are opposing opinions.