beautiful close on great volume.... normally, the day after a big blowout volume, the volume is around 20-30% and the sp movement is DOWN... it did have a quarter of the volume of y'day but moved UP... at one stage it was actually at 1.0c... pretty bullish to me...
also, MPJO closed at 0.2c... a few days ago, that would seem to be the last thing anyone would have predicted...
just goes to prove that MPJO, even though has a limited life to live, can surprise us all...
if the talks of 1.5-2c that you all are talking does eventuate in (say) the next few weeks, MPJO will be around 0.5-0.8/9c for sure... that is a 4-5 bagger from this stage... now that is something to keep at the back of your mind while trying to pip trade this... was definitely HIGH RISK last week and it still is VERY RISKY today too but the rewards are mind boggling....
looking forward to a chart from the learned out here...
MPJ Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held