MRU 0.00% $7.00 mantra resources limited

nightstalker, page-2

  1. 5,726 Posts.
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    Hi Jimmy :)

    Yes - the pullback may well be on. Look at the market depth on the buy side - huge gaps all the way through, including a gap from 2.20 to 2.46 with no offers in between.

    I still think it may pull back to somewhere between 2.00 and 2.20-ish, but I could be wrong. That's what the chart is suggesting to my eyes....

    And of course, in order to flash a "Buy" signal, it would need to bounce off that level and head north again, and on good volume. Preferably increasing volume. If that happens - I'm in :)

 
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