re: ready for liftoff? or meltdown
"Far too early for TA" SG?? There is an old saying that goes something like "I've never seen a big loss that didn't start out a small one" With great respect I'll say "You protect your money your way, and I'll protect my money mine" {:-D To me, a chart is a chart is a chart. MBL or MHL... I use it more as a sentiment gauge than history of price. Any hoo, maintaining support at 2.8c. So far, so good. Low volume and no trading range today says to me that buyers and sellers are finding balance. The last time this happened was the 28/02... the day before the last rally. Now, I'm not implying that MHL will rally from here, just noting that that the last time there was balance the buyers came in. Let's wait and see. If 2.8c fails, 2.4c should be the next support IMHO. C.
MHL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
