looks good, page-2

Hi Nick.

MTR does look like it’s gaining some support, it has been powering along in a very positive trading channel since mid June, started at $0.10 rising to a recent high on 29th Oct at $0.415. On its latest retrace it broke through its lower trading range briefly trading intraday at a low of $0.28, this should now form a solid support base for its next climb up the ladder. MTR had a nice little rebound on Monday also a double bottom, the market is a little undecided at the moment ( accumulation ) but looks ready to test resistance at $0.41. If it breaks through recent high of $0.415 will probably approach and breach $0.50 cents without too much trouble. Only needs a good announcement and this one will take off again.

Just my opinion.

As always head the red announcement below this post.

Cheers,

Fig Jam