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0.2¢ monax mining limited

Nice. I definitely concur about the MC. It really does have a...

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lifeguard22

1,883 Posts.

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11/08/16

10:41

Post #: 18493053
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Originally posted by TheArchitect ↑

Just posted this on the Short Term Trading Thread, thought i'd share it here as well.

2.1 also just now touched and buy side built up at 2c

Could see breakout today, reversal on the chart already happening.

Here's my post on the STT thread

MOX starting to move today, yesterday saw big accumulation at 1.9c and a rejection of 1.8 and bounce off support at 1.8 with this morning opening at 2c, small sell into 1.9 and then just now big line wipe of 2c

Yesterday's trading seemed to be smoke signals with today now looking like it's also confirming that.

Also the chart for MOX had a flag formation, which with today looks to be confirming the reversal from the recent downtrend, still early morning but next target on short term is about 2.5c. Nice sustained build up and steady sp rise rather than a spike up like previously happened with MOX weeks ago.

Very small MC at these levels, lot's of potential here with their lithium.

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Nice. I definitely concur about the MC. It really does have a lot of space to move without getting too 'top' heavy.

MOX Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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