practicalPlaye22604

MC MINING LIMITED - Potential for further upside

Alış
JSE:MCZ   MC MINING LIMITED

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)
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.