Hi folks,A lot of discussion lately on MMZ, some informative,...

Hi folks,

A lot of discussion lately on MMZ, some informative, some again just typical one liner ramp/downramps. Just wanna say, be it positive or negative, could we all please respect each other's opinions as long as they are constructive with good reasoning behind? That way we can have a bit healthier discussion going on rather than throwing insults at each other lol.

1st chart - potential ST target with my favourite momentum indicators. All look bullish. Stoch is also bullish ATM (although closing in on overbought territory 80), it should still have a fair bit of momentum left as MMZ's stoch tends to close in on 100 before it falls back down. It's when stoch rises above 80 & then falls below 80 that sends bearish signal. Bear in mind, there were also immediate historical gaps at 2.5 & 3.2, so wont surprise me if these gaps get filled sometime if the news is a good one




2nd chart - my favourite volume indicators. IMO some serious accumulation here (please dont associate my accumulation judgement with one-liner ramping ones, at least i have reasoning behind lol).



Word of caution again to DTers! Targets identified on charts r potential, not definite! & definitely not saying it could get there in 1-3 days, so dont come back & blame us if u havnt DYOR & got ur own trading wrong!

GL to all faithfuls
JL