I mentioned at the end of the week that it looked like resistance at 3.15 was weakening and the VWAP had been increasing towards 3.15 over the last 3 days. I thought 3.15 would fall early this week and if it did, it should run to at least 3.30 just through lack of sellers. I think this is just the market realising that another correction is over and that opens the way for another strong up leg. That's been the pattern over the last year or so.
MWR Price at posting:
$3.42 Sentiment: Buy Disclosure: Held