MNE is still following its upward trend line. Personally I think as previously mentioned we are just seeing some profit taking (which is completely normal), and some buyer exhaustion as the stock has been parabolic. However, again, this trend line is significantly upward. We proably may well see a retest of support in the upper mid teens 16+ in which I expect this level will provide support until further announcements are made, of which there are numerous to come. The normal mechanics so to speak of the market seem spot on to me with MNE, and I am just sitting put, long....
Good luck to all Cheers GF
MNE Price at posting:
17.5¢ Sentiment: LT Buy Disclosure: Held
