MRF 3.17% 6.1¢ mrl corporation ltd

With such low liquidity tough and definitely looks like...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7,689 Posts.
    lightbulb Created with Sketch. 399
    With such low liquidity tough and definitely looks like consolidation ongoing. SIgnals are turning positive but still needs further progress. Could look to squeeze into upper band of bollinger though still downside risk and might fill the 5.2 cents before heading down. It is important to hold above 5.1/5.2 level. I would like the 3.4 gap to have been filled as less gravitational force towards it. September is 2 months away so the company should be getting into gear with further FA developments soon. The issue is the lack of news regarding mining licence (which was expected 6 or so weeks from April). 6.8 MA200 awaits as res. as mentioned by Jaded.
 
watchlist Created with Sketch. Add MRF (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.