MAE marion energy limited

CG,Yes, we are toying with that support line, but its hasnt been...

  1. 8,606 Posts.
    CG,

    Yes, we are toying with that support line, but its hasnt been planted firmly in the charts yet.
    A bit more movement either side of 45.5 cent and also if it settles on that price at open or close a few more times, then we will have solid support.

    From there, the next historical level is mid 50's and then 67 cents. Som we are in no-mans-land.

    Typically, when a chart goes into no-mans-land it either bounds right through the level or it hovers tediously in lieu of new fundamentals/announcement.

    Lets hope it bounds through towards 55 or 67 in the next 2 weeks BEFORE the announcement...that would be exciting!


    L
 
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