traded way below all peers RIO BHP VALE PLS at +4% to +6%
normally outperforms all peers yet MIN barely moved 30c from 2090 to 2122
yet its closed as a higher green doji candle with +2c green body, +30c open, long neck 58c & 32c tail
the body is above the prior body in the prior neckline and the long neck exceeded the prior neck 2156 v 2180 but the tail was way above the prior open 2015
meaning the market was bullish above prior markers yet the highs were shorted down back to the open yet closed higher than the prior close and the higher open
these are still bullish signals but the unsupported neck which the other peers turned into long green candles is puzzling.
yet the bullish harami was spot on with now a confirmation bullish candle today
this means Monday is 85% probable as another green candle with higher high and higher low like today
Im holding & thinking it will be a bullish candle Monday
the absence of shorts is a big positive.
There is no real bad news here, MIN is a sharp massive turnaround story & valuation investment
23.00 Monday Lets go !
MIN Price at posting:
$21.22 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)