MCC macarthur coal limited

Hi DHarry, you still with MCC?Traded back in at 401 after fine...

  1. 11,522 Posts.

    Hi DHarry, you still with MCC?

    Traded back in at 401 after fine tuning the chart. Mid/long term target up there waiting to be reached hopefully this year.

    With recent upmove from 232 to 476, the 38.2% retrace is at 383, midway between the 3.4 and 5.6% primary lines.
    It missed the 50% secondary in the next range above with that 520 gap, hoping it connects with it below, so have a top up
    order there at mid 380s in case, where the aprox Fib fan line is.

    NewC index steady for the week, could briefly tag 60 before resuming uptrend.


 
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