MRZ mont royal resources limited
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  1. Pointyfigures
    1,679 Posts.
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    04/04/21
    12:43
    Post #: 52243186
    MRZ completed consolidation before gold bottomed and has since travelled sideways. Bit of a tug-of-war going on with higher highs and lower lows.
    I have placed a trend from the low if gold is now in a bull leg.
    Provided the blue/red/blue is not followed by a red (lower low) we have a very bullish set up.
    A minimum target price of 45.5c.
    .
    https://hotcopper.com.au/data/attachments/3061/3061952-30848b4a848126e45488a9f8a208448a.jpg
    MRZ Price at posting: 24.5¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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