daytraders after market lounge 23rd oct, page-6

  1. 387 Posts.
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    I understand that Moira was probably ramping because he bought MNZ at 4c+ but I agree with him that the technicals for it is still amazing (still holding from 1.7c). If you have a look below it is within in the upper two standard deviation (and beyond just a week ago) of price action, not to mention that there is no breach of the 10 day MA support. The RSI also suggest that it is by no means overbought and the MACD showing an upward trend.

    Happy to be corrected in my analysis, otherwise I believe that its travelling fine for the time and that its just a typical retracement (probably 50% fib level).
 
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