XAO 0.66% 8,481.9 all ordinaries

Short Term Trading Week Starting: 19 Feb, page-217

  1. 10,952 Posts.
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    MOY - Millennium Minerals Limited

    Just waiting on the next higher low and the next higher high. Looks to me like a good old fashioned uptrend is forming.

    Stochastics have been very good indicators on this stock - it's out of overbought territory, next leg up can't be too far off.

    Good position to be in for this 80,000 ounce per annum gold producer about to begin ramping up to 100,000 ounces per annum, no debt, $23m cash in hand, $177m mcap.

 
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