My fellow traders.....the rising dam has only a half meter to go.....flood gates are at .17.......we are soooo close to a breakout....the ascending triangle that has formed on deminishing volume....has brought the breakout even closer from what i had expected.... Tomorrow should be either a light day or the actual breakout.....depending on the dow tonight....
In regards to the brokers report....20-29...is conservative estimates in my view...even though the .29 mark is my fibonacci target point, a 100% profit for mrx holders......i personally think that once a 4 year resistance level...such as a rounding bottom breaksout....the impending move lasts longer and stronger than a resistance level of just a year or so......my fellow traders...the weekly line chart has installed confidence in me, to predict that the weekly swing point of .165 is about to be broken....and the .17 level would be broken in the next few trading days......again depending on the dow tonight...
MRX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held