MRM 0.00% 33.0¢ mma offshore limited

an Ascending triangle pattern was forming on the chart from the...

  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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