MKY mky resources ltd

http://www.chartchat.com.au/chart-of-the-week/2007/11/26/mky-mky-...

  1. 1,868 Posts.
    http://www.chartchat.com.au/chart-of-the-week/2007/11/26/mky-mky-corporation.html

    I don't know how to upload charts etc. so please have a look the above. I have their charts sent to me regularly by e-mail. Below is the comment that accompanies the chart.

    "We last reviewed MKY back in July but failed to trigger our entry after 6 months in consolidation (rectangle). Since then MKY drifted lower
    and consolidated for a further 3 months and has rallied to settle once again above the important 200 DMA (circle). This is a positive pattern for MKY and a break of $0.061 could project a move up into resistance at $0.15."
 
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