MIN 1.16% $56.57 mineral resources limited

Looking at the daily price is breaching support 5.70 and we...

  1. 1,032 Posts.
    Looking at the daily price is breaching support 5.70 and we couldpossibly pop back up to 6.07 as we retest the breakout from a 5 year floor.

    zooming out and looking at the weekly and taking into account measured move looks like this thing can drop down to $1.00 flat using the exact same 2 techniques to predict its top where price has flagged in that highlighted range.

    Looks good for a short around here on any failure to move higher once price comes back for a breather. MINERAL RESOURCES LIMITED.png
    Last edited by snakeye: 24/07/15
 
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