MYL chart thread, page-5

I think TA based on charts is fine to a point.......... but the backwash from an underwhelming recent placement was always going to provide significant downward pressure that was not seen in the chart movements leading up the raise.

Management went out asking for X, came away with less than X and that's the most pressing matter for a while. Once the holders settle and those hoping for a stag leave the pattern can reemerge at whatever level it finds.