re: ***uranium***/mtn Mikayla
Go back and have a look at the charts of
TAS, CAZ & DEG
Then have a look at MNR
You'll see some far from subtle differences.
TAS and CAZ especially "promised" so much but days 2, 3 and 4 after the announcement were the dead give away (from a charting perspective)
MTN over the past 2 trading periods has closed on lows. As a trader that doesnt give me much confidence. I traded the announcement and was lucky enough to clear my position on the morning of the 2nd day @ $0.86.
yes, I agree - fantastic potential, but will MTN be revisiting recent highs in the short term? My slightly educated guiess says, "I think not". Sellers are in control at the moment. I love to see Hotcopperites make money, but I think MTN is another TAS/CAZ/DEG in the short term.
Just my opnion
Marchello
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