I like what i see with MRE & took a position this afternoon with profits from my VPG sale.
I see MRE as potential to follow KZL & head back to $1 plus. Cashed up, they have managed well through the crisis, and will be on the radar of resource funds buying quality stocks for a re-rating.
Chart looks sensational with a breakout underway ... some historic resistance at 80 cents ... but the strength of the market & buyers sentiment has me saying it will break through 80 cents & keep going.
Lets see
:)
MRE Price at posting:
76.0¢ Sentiment: LT Buy Disclosure: Held