MAP 2.63% 18.5¢ microba life sciences limited

hit resistance

  1. 109 Posts.
    MAP yesterday hit a crutial resistance level.
    not only is $1.35 the top of the 3 month downtrend, it is also the 50% Fibonacci Retracement level.
    after not being able to push through it MAP today is selling off.

    How ever technicals are still bullish on MAP, and its my opinion MAP will have another go at breaking this level.
    Ive added MAP to my trade list looking for an entry above key resistance.
    Check out the trade list for trade details.
    www.cfdreport.com

    Cheers
 
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