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)![]()
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