Thanks for the tag ! Personally not a fan of the company but ill leave some unbiased TA as requested. MTC : TA :Bit of a messy chart so few things to go through - previous downtrend line in purple has been broken with a high volume gap up - which continued to rise on lower volume without falling back afterwards which is a real sign of strength, right now it seems to be sitting at the 38% retrace level and just range trading in that blue channel, if it can break that orange downtrend line over next few days it will retest the upper line of the channel, will probably need some news or a decent spike in gold price to break this ticking point.A gap down below at 17 - any strong drop in gold or a bad ann here will see this quickly capitulate and fill that gap - without either of those factors happening i dont see it just filling on its own, Break the top of that blue channel on the right and 29 cents will be on the bid side before you know it, good luck.
MTC Price at posting:
20.5¢ Sentiment: None Disclosure: Not Held
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