weekend charting part 1, page-41

Conche Heres MMG :)

I think ive done at least one request from everyone so far. I need to get onto some uni work now, so i might be back for some charts before work at 7. If not, ill post some more charts tomorrow in part 2 :)

Daily

The stochastic has turned back up again, although in overbought territory. There is resistance at 1.4 which could put a cap on the rally here. There is also a higher resistance at 2.4 which could be something you would look at longer term. Before it reached 2.4 I would think it would have to break 1.4, rally up, then fall back to retest the 1.4, before having a g o at 2.4. Looks like a hold at current levels with stops below the upwards sloping support line... could be a possible short term buy if it breaks out over 1.4