MNE 5.26% 3.6¢ metallum limited

ta update

  1. 22,593 Posts.
    Hi gang,

    Noticed that the TA was causing a bit of disturbance over in the FA threads, so have created one over in the charting forum.

    If all the talk is correct abt MNE, and with it still basically down near its supposed lows, it will be of interest to follow it along and grab a low risk entry, lol

    As one can see on the chart, the TA has been quite easy to read, 1. hit it lows, 2. established a small uptrend, 3. found supply, (thats the key, if one cant read supply they'll tend to fall flat on their face), 4. is now reacting to it, 5. now awaiting the excess supply to be reduced and in.

    dyor


 
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