MRF 3.17% 6.1¢ mrl corporation ltd

[ATTACH] Searching for a Consolidation Pattern to re emerge for...

  1. 7,432 Posts.
    mrf_ax19mar15_to_24may15.png

    Searching for a Consolidation Pattern to re emerge for a short term trade.
    My charting package doesn't give Volume shown at bottom of page for 20min charts
    so can't dissect yesterday for the DTers yesterday.
    maybe @insaf could give a 20min + Volume?

    Anyhow yester DAY candle is a possible consolidation indication.[spinning top i think?]
    It needs to be CONFIRMED that 60 cents is Support by Today's Trading.

    A 'thorn" is that 25 million shares recently issued at 4 cents
    and we face what these sophistos will do when they have 50% + in hand.

    cheers.
 
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