averagebloke1980

Cup and Handle / Bullish Flag formation

ASX:MCR   None
Long term bullish flag formation
Huge volume on breakout
Buy v sell ratio increasing
Oscillators trending upwards
Cup and Handle formation in place after test of 46c.
Next 7 days important for trend to continue and break of 46c to occur.
Old highs of 55c. Cup and Handle depth show 55c likely to be retested
News announcements due shortly as well on drilling
Gold production to start in July
Momentum gaining pace ahead of gold pour

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