Low from pre-distribution ($3.12) minus distribution (23c) = $2.89. Yesterday's low = $2.89. Its not a coincidence.
Taking into account the distribution it has done a technical double bottom.
Looking for it to break $3.13 and close above to ensure it doesn't get caught up in any carnage that might result from US trade tonight.
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MCG
macquarie communications infrastructure group
reaching new low, page-3
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