Always a short term spike on volume that high, but this keeps going on lower volume so I expect it to find resistance at 12c because it had quite a few weeks hovering around there before the last leg down back in dec 16
The weekly chart still has some price to gain to change the weekly into positive indicators
This ain't a spike and there's been no Ann for a spike
It's also been in a squeeze for quite a while before this move out
A volume spike should come at the short term end of this re rate before it consolidates imo
MBE Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held