MMX 0.00% 4.7¢ murchison metals ltd

Surprisingly broke that 50% retrace but closed above it.At...

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    Surprisingly broke that 50% retrace but closed above it.
    At present long term uptrend still intact.
    Many margin calls and leveraged forced liquidations recently.
    CFD's exacerbating the selloff.
    If you believe the story its a buy right now but may oscillate in a low $3 range for a while.
    I think the $100 mill placement at above $5.50 is an amazing piece of fortune.
    Leaves other players like MIS scrambling.
 
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Currently unlisted public company.

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