Moly's SP over the last few days has been looking a little weak all the previous days finishing on their lows after coming up and tagging a little resistance at abt 87.5cent maybe from that high volume up day on the 19Feb, which contained a bit of selling and caused the SP to slip a bit. The SP slipped a few days until a low volume down day appeared indicating a lack of selling and it rebounded a little until striking that minor resistance level.
imo I believe MOL will come off a little bit more before finding once again this support we have been having for quite a while now in the low 80cent level. With all the positive things happening lately and plans working out this is just another opportunity to buy or accumulate some more at a reduced SP. lol all holders
MOL Price at posting:
86.0¢ Sentiment: LT Buy Disclosure: Not Held