re: chart Crackaton, you must have lost a lot of money on this one, after all, all you can post is negativity!! Do you do any thorough analysis before you post on a stock?? Every way I look at my charts I see a bullish chart. On the daily the MACD positive, momentum and short term ma's all positive and heading up! On the weekly, the short term ma's have turned up, the MACD is just about to go positive and momentum has just signalled a buy! Now if we look at the silver chart we notice that this weeks action is a breakout from a symetrical triangle. Target for this breakout is $6.83 which just so happens to close the gap when silver dropped in April. Macmin should rally to around 18.5c which just so happens to be a 50% fibonacci retracement and the projected target from the ascending triangle breakout this week. Obviously, MMN needs to overcome resistance at 15c first but with a rising silver price this is a formality!! Silver is currently trading at US$6.49 which is back above the AUD$9 that MMN has stated was so important!
Cheers,
Phillw
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