Can any chartists tell me why this is holding up so well? Just amazing how well this is holding up with US markets tanking and as we have seen in the past the sp dips after Frank buys. This time it is holding strong. I would not be surprised to see 44/45 but I thought it would have got there quicker.
Looks like that Tanz news two weeks ago has some holders seeing the future more clearly. Maybe got some new holders as well. It was sensational news imo. Shows that the Tanz gov is very willing to work with Magnis. I wonder if Magnis will ask for more concessions for the mining side of it. Going on the great win they just had it would not surprise me.
Imo we will see news next week. No clue of what it will be but another JV/DA would not surprise me.
So once again if we could get a chartist in to tell us what he sees good or bad it would be appreciated. @IchimokuTrader you still around?
MNS Chart, page-974
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