MLD 0.00% $1.07 maca limited

News: MLD MACA Ltd Executes Contract With Carabella Resources, page-18

  1. 4,774 Posts.
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    Good morning Missy Sabine.........the eloquence queen of the Hot Copper (ob)scene....... with the occasional (and welcome) flatus inflection thrown in. Love YOUR work.
    I had a peek at MLD a few days ago and noted the share price had slipped off that ledge @ $1.22c.
    The first (and obvious) warning sign was the GAP DOWN opening price on 13/11/17 and subsequent tests of various trend support lines (yellow) and various horizontal support lines (orange)..........which gets us to where we are now.
    The move down to the $1.06c. level should be met with robust support with probably a slight over shoot. Expect quite a bit of 'horizontal tango' (I know you like to dance) around this level.
    Cheers.
    (daily bar chart) mld_ax13may15_to_27may19.png
 
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Currently unlisted public company.

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