MOS 0.00% 16.5¢ mosaic oil nl

chart, page-10

  1. 3,360 Posts.
    Only my opinion gobris, but after breaking the neckline on strong volume, it has retraced on very low volume. This is a very normal occurence after a breakout and often price will reach down to touch the breakout level. If it was retracing on strong volume I'd be concerned. Ideally at some stage soon a swing low will be confirmed. Then look for increasing volume. If this is the case its probably a good opportunity to add more if you wish, with a stop below the most recent low.

    Updated chart



 
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