lookin good

MTB is approaching a key resistance point and heading to that 18-19c point when it turns bulish.

Some time ago Catherine Davey, a rated technical analysist and journalist, wrote a research report on MTB. She has written about MTB from time to time and from a technical point of view maintaines:
- she really likes the share;
- the more times it trades the range of 5c to 18c the better it will do when the share price starts to run
- it is currently forming a classic and fantastic bottoming pattern and it's time for the technical traders to get interested in the share
- A close above the low of this congestion pattern will confirm a double bottom
- stock's outlook changes to bullish at a close above 18c
- MTB is capable of extreme volatility. There is nothing to stop MTB trading up to and above 18c in a flash.
- First target on the upside is 30c, which is the double bottom target and 1c away from old chart resistance