short term trading - week starting 2nd sept, page-48

telamelo,
Re MCP.
A large gap on big volume at the bottom of a down trend means further downgrade.
It usually takes a long time for a sustained move upwards.....Just a pattern I instinctively don't like.
OBV in deep -ve territory doesn't give confidence.
Has nothing to do with MCPs fundamentals...but looks weak for the short term.
Sorry for being blunt as usual.