I have seen over the last few weeks a buy for 50000 shares placing an order above the last closing price and leaving it for the opening auction. Regular event of late but
Bit of work to do before we get bullish once again. Momentum indicators on the daily still have a little more room to go down.
SP below the 45dma is bearish. Retest of the 100% fibs from the last rise has occurred twice. If Mol dosent hold here look to the 200E or SMA for support. I think news re the plans hanlong have re the mining hub is the only thing really on the agenda to give this a boost before the financing comes later in the year... Patience will be required
MOL Price at posting:
$1.05 Sentiment: Hold Disclosure: Held
