MEL 0.00% 0.5¢ metgasco ltd

mel chart - is it a bull or is it a bear?, page-5

  1. 1,996 Posts.
    Thank CL - I'm holding based on the fundamentals, I strongly believe the position will be medium to long term profitable and I don't enter a position unless I'm confident enough to hold paper losses if I stuff up my entry(all things being equal).
    Technically I wouldn't touch it either at the moment - at least not until it broke and held the 45c as support.
    Thanks for pulling us up re Director Buying, though I still think it serves as a psychological "line in the sand."
 
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