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Timonrosso

MC Mining heading back down

Short
MC MINING LIMITED (JSE:MCZ)  
Timonrosso  
JSE:MCZ   MC MINING LIMITED
Trend Analysis Chart Patterns Technical Indicators jse jse_top40 pennystocks penny MCZ
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trendanalysis chartpattern indicator jse jse_top40 pennystocks penny mcz
MC Mining tested the highs > R7.40 and selling pressure and supply kicked in strongly.
It looks like the price is heading back to R1.25.
Sorry for the investors who are long, I'm just basing it on Technical analysis...
And I hope I'm wrong.
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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