Australia's largest stock trading and investment forum Australia's #1 stock forum

MLM

Click for more information

0.00%

3.4¢ metallica minerals limited

Love your work Drfork. Only I can't see the dude on the...

First 144 Last

Share
Profile

Follow
BrownPants

273 Posts.

2

19/01/17

07:37

Post #: 21989138
Share

Originally posted by DrFork ↑

Encouraging price action today but coming up to a bit of resistance overhead. First a look at the LT daily chart showing the breach of the top pink tyne today. I've also added a new yellow fork which nicely sums up the price action for the past year as price kept attempting to break above the lower yellow tyne and kept getting rejected before finally cracking it just recently. The yellow median at around 8.8c - 9.2c depending on timeframe is now a target and price action is looking like it wants to go parabolic.
Zooming in, can see in greater detail the resistance overhead now at the first aqua warning line and the next warning line of revived green fork. Can also see the change in price trend from the white channel to the blue channel. ST, expecting price to test backtest break of pink tyne before continuing on its merry way up.

Expand

Love your work Drfork.
Only I can't see the dude on the scateboard...

MLM Price at posting: 6.3¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

EXR

Essential Energy conference: Elixir talks up unlocking QLD's Taroom Trough

HVN

Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

BPM

BPM Minerals hits high-grade gold at the Claw Project WA; shares jump 86%

88E

HotCopper users smell capital raising as 88 Energy says "significant update" at Phoenix

Essential Energy conference: Streamlining approvals key to the green energy transition

There are more pages in this discussion • 43 more messages in this thread...

First 144 Last

Add MLM (ASX) to my watchlist