Its quite amazing watching the volume in MNW. Yesterday morning the largest volume occurred due to buyers entering in the first 2 hours of trade, after that the sp drifted down again on low volume. This morning the same thing is happening. In fact every large volume bar I see on the hourly chart for MNW recently have been up bars.
The sp is right back in the zone were Paradice investments bought the bulk of there holdings. Sp looks to be searching for support.
volume, page-4
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