MAT
This stock is making all the right moves. First there was bullish divergence on indicators, then it broke the downtrend line, then it broke back above all the moving averages, and the moving averages are turning in the right order.
Must hold the 50% fib retrace level at 28c. If it does then expect the other fib levels above to offer mild resistance. Otherwise a break down and it's back to 24.
Most bullish chart I've seen this weekend.
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- **weekend charting 4/5 september**
**weekend charting 4/5 september**, page-66
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