Expecting a reversal tomorrow, gap down and then trend lower to break support of 15c - happened too many times with stock that has been hammered. This is where most will dump the stock and the big funds will get all the shares below 15c, it should get to 14c then a reversal to hit high of ~19c.
Shall be an interesting trade IMO. Generally 3 black candle will have exhausted all sellers.
Got in at 22c at the first dip and sold ave 24c today.
cheers
pcyc
- Forums
- ASX - By Stock
- MBN
- its only the begginning
its only the begginning, page-177
-
- There are more pages in this discussion • 87 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MBN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online