MRM 0.00% 33.0¢ mma offshore limited

+50% (near enough), page-13

  1. 1,066 Posts.
    an Ascending triangle pattern was forming on the chart from the low on the 21st/22nd of December, this broke the upper bounds of that triangle yesterday. Pattern formed on falling volumes. Ideally we would see a rise in volume on the breakout to confirm the move. Also, as its an ascending triangle and a bullish breakout, this could be seen as a reversal pattern. Tide could be turning for MRM. Apologies for amateur chart
 
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