MIN 0.82% $38.33 mineral resources limited

small red candle today after a gapup open +87c daily lows...

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    small red candle today after a gapup open +87c
    daily lows rejected again
    SHORT ATTACK failed MISERABLE YET AGAIN.

    closed as a -9c higher red candle but held 90% of the opening auction gains
    BULLISH
    41c neck & 65c long tail
    meaning the daily lows REJECTED YET AGAIN and reversed intraday
    SHORTS lost another 30c-40c today, overnight SHORTS evenmore losing 60c or so

    flatline reconnected
    48c-51c 4th wave area REJECTED YET AGAIN

    trying to get back to that 53-56c 3rd wave area.

    HOLD maybe even a BUY?!
    but that CRASH SEASON is coming Sept/Oct usually, SHORTS hoping for CRASH yet the chart is showing strong support down here 4th time now.

    Expect the 53-56 to reconnect and DCB to 60 August but still struggling in a zigzag where day traders are the only ones making any money here.
    LONGS & SHORTS both thwarted. This is a positive for the BULLS imho.

    wait for confirmation of the trend imho.
 
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Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
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