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Thanks Jako, yeah that's a 16 % gain for MND (yesterday's open...

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Ravgnome

14,174 Posts.

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23/08/17

21:43

Post #: 26708577
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Originally posted by Jako8557 ↑

Thanks Rav,

Yea, MND put out a nice report on Tuesday, especially for the future.
Reverse accumulation, short covering, or a combination of both....whatever is going on, it looks a bit overdone for two days.
I wouldn't mind seeing it come back and take a run up before a decent punch through the potential resistance between 15 and 16.
Mind you, that said, it will have to pull back properly and consolidate at some point.........hopefully on top of the 16 dollar level.

Just been through the Breakout watchlists, and didn't have a decent candidate again today (ARU was almost a selection).
It seems that a lot of those that have been selected and run are consolidating their gains, or are still pushing higher right now.

Finally, it is worth watching CTD for a reversal, there was a decent effort to support it today, after potentially breaking down yesterday.
So there are opposing forces at work here....see which one is the strongest.......

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Thanks Jako, yeah that's a 16 % gain for MND (yesterday's open to Today's close).
Interesting concept to be sure.

The market still feels weird to me of late. Unexpected things going on.

Another one from long ago is NTU, gained 16 % yesterday also.

Cheers.
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