I have been fairly reserved on Minara, even stating in previous posts that the sp is fairly priced. Now imo Minara has moved to fundamental buy with its recent ann.
But we cannot ignore that TA is giving sell signals. I am already kicking myself, for my impatient trade.
Also bear in mind that we could be experiencing a false break, that could last up to a week, before a any recovery in the sp.
There's a few no doubt that entered over the last few trading days, now sitting on a loss, I am one of them.
I will hold
PS there are believers out there that expect the DJIA and XJo etc.. to fall and bounce off the ema200. so I am trading carefully, but still not carefull enough
MRE Price at posting:
75.5¢ Sentiment: Hold Disclosure: Held
