MRK 2.78% 3.5¢ maverick energy ltd

break beyond bol bands - possible retracemen ?, page-2

  1. 1,488 Posts.
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    G'day Livelife

    Your prob right. yesterdays spike up was preety big, not massive volume but the best we have seen here for some time. i would like to see some more info on the status of current projects and ventures to make it a more sustainable move up.

    That said I have stopped reading it too much into the chart, for me the increasing number of buyers in the depth is spark'ing some greater interest for me.

    Looking at the depth 1.8 and 2 seem to be the strongest points of resistance, although these a weak by any standard

    I'm with you this is one of the micro-caps with serious potentual. The real question is how long will it take the market to realise it? either way i have a decent stake from the last 12mths demise and am in for the long haul.
 
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