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3.4¢ metallica minerals limited

MLM Chart, page-27

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springinhetveld

1,473 Posts.

212

05/06/18

21:38

Post #: 33515542
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Originally posted by springinhetveld ↑

Not a chartist but to kill time and initiate some discussion and kill time whilst the SP is in limbo here the chart of MLM and my take on it. Would be nice if some "real" chartists could have a look at it and give their opinion, e.g., @h00ts

To me it seems we have bottomed out based on the two green bars of the last two trading sessions and the blue in the RSI curve (on the bottom). With RSI above 70 the MLM SP has done well in the recent years. So I think we are in for an upward trend in the coming weeks.

However, on the down side I see that the recent low was a "lower low" which is a bearish signal. And also the trading volume is far from convincing. However, a good message in the coming days could really ignite the MLM rocket.
View attachment 1041010

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I like the May part of the chart! Volume still low but it is creaping up slowly but surely. Something happening in the background hopefully. What do you think, see, read in the charts @h00ts?

MLM Price at posting: 4.8¢ Sentiment: Buy Disclosure: Held
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