With MC topping $40m yesterday we may be near a pause....

With MC topping $40m yesterday we may be near a pause.

@Kryten24B-523P's broker data shows Taylor Collison to be a recent net seller of some 13m shares worth $670k.

While this selling may have restrained momentum, supply might be about to wane.

Meantime, barchart.com says this:

"The Barchart Technical Opinion rating is a 88% Buy with a Strongest short term outlook on maintaining the current direction.

"Longer term, the trend strength is Maximum. Long term indicators fully support a continuation of the trend."

But barchart.com cautions: "The market is in highly overbought territory. Beware of a trend reversal."