MEI 1.03% 9.8¢ meteoric resources nl

MEI Chart - Toot Toot the 150,000ppm cobalt train, page-209

  1. 956 Posts.
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    Thought it about time we post a chart on here, given it is a chart thread.
    For 1st time in ages the chart is showing a hint of an uptrend again. Price seems to have bottomed at 2.5c and there were some nice, all be it small, green candles last week and the 10 SMA is about to cross the 20 SMA and price just touched the 60 SMA on Friday as well. I would like to see more volume and a break of 3.3c to really say an uptrend has started and then a break of 3.6c would confirm it.
    With drilling commencing next week I'm hoping we see some more volume flow through and confirm the uptrend. Once drilling starts we can expect alot of news flow ahead as they drill and release results on each of our tenements in turn.

    MEIChart.JPG
 
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