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practicalPlaye22604
Jan 24, 2023 9:53 AM

MC MINING LIMITED - Potential for further upside Long

MC MINING LIMITEDJSE

Description


Potential for a retest of ~650-700c.

After a month and 0.5 retracement in Nov-22, has shown a strong and relatively quick recovery, gaining back ~90% since Nov-22.
Trade volumes in Jan are on the rise, as of today 24-Jan, consecutive monthly higher high / lows Since Nov-22.
To monitor monthly close preferably keeping on / above ~390 levels
Keep watch on macro environment for coal / energy in general.


(Welcome any feedback - 1st post)
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