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Mawson West Ltd Ord MWSWF

Metals & Mining Industrial Metals & Minerals
"Mawson West Ltd is an Australian-based copper producer, developer and explorer. It is engaged in the production of copper and silver concentrate production, mineral exploration and development in the Democratic Republic of the Congo."


GREY:MWSWF - Post by User

Mawson West Ltd Ord > TD
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Comment by CQCmasteron Jan 16, 2015 3:49pm
87 Views
Post# 23329561

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:TD

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:TD
kstull wrote: I like your theory. If memory serves me they did this at .055 the price went up for a day or 2 but then started down. I believe we see .02 before we see .04 but I hope i'm wrong.


Also the long shadow on the candle stick could be an illusion as well. Usually when there is a long shadow like that, it means the support couldn't be broken and in the next few days the price moves up. Such phenomenon is known in the trading community. But to me it looks fake so it could be a trick. The longer the accumulation is, the higher the SP will go when the profit release phase has been initiated.
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