Basic Technical Analysis From The Butcher, page-38

Hi Butcher,

Taken a few things you have mentioned and a few things I've learned and applied it to MLD.

Results in the attached images.

Main points:

- Triple bottom formed and confirmed.
- Bounce of the standard 20 period bollinger off of the 200 bollinger band.
- 20MA crossing the 50MA and looks to be a sustained trend so far.

MLD also looks to have some juicy contracts in place and have recently picked up the crushing contract for BHP's new South Flank project.

Let me know what you think.

Regards.

H888