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24/02/04
19:05
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G'day,
MRX, which has been on its huge uptrend since late last year is embarking now on what I see as its biggest cents gain of the year.
This small consolidation phase after breaking the 3 year high of 13.5 is setting it up for a run to over $0.18 in a very short period.
It may be remebered I considered $0.16 the target a few weeks back, but now I think this will fall over very easily.
As noted, I am convinced this current consolidation will be the shortest in duration in MRX's bull run.
Once $0.15 falls in a matter of days, MRX is set to run hard.
Yes, I do hold and have not been tempted to sell.
I am a technical analyst, but on the fundamental side, I know there are multiple drilling results immenant ( Bailliues )
In short, my call for next 2 weeks, MRX
All the best
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