For those with charting experience . Despite the current cyclical down trend it appears to me that MRM is in a consolidating phase , the intraday flow suggests that buyers are keen to buy under .30 c and thus presents the accumulation phase as the big sellers are gone , I'm told in a volatile market such as we have now , this may last several months , even years. However 70 % of stocks don't trend , and as usual the cyclical correction comes off , perhaps in May , depending upon external events . In the past MRM is a slow and sneaky mover but holds its patterns quite well , uptrends are not normally explosive and corrections are quite severe but also slow . However a 65% corrections are quite acceptable and if traded correctly present a further trading opportunity ..... As charting is " IMO " an art form is there anyone with these skills prepared to opine......
MRM Price at posting:
31.0¢ Sentiment: Hold Disclosure: Held