decent action and closeThis is my 2nd go-round with MKR. The first time was purely speculation. This time, I am thinking of keeping MKR based on interesting properties and good potential. The very big volume and decent close off it's intra day low of .55 suggests to me that we are at a mid point of it's short term rise. On a technical level, it is a bullish flag with a break out to the upside completed. Also, supporting bullish activity would be the nice bounce of it's 50dma twice before taking out the flag to the upside. I'm in for minimum move to $1. range or til the juniors all slow down. That's what the chart action looks like IMHO. Now the other perhaps more important stuff is how will the drilling activity go?
At Timmins West there are some values up to 280gpt gold. That is huge. There is the nickel and copper,( both metals hitting highs ) and the most investor friendly right now.........uranium These things should drive price and the charts will reflect the investor mood based on news and drilling. Although I would like to see a bigger drilling program, it's a start for West Timmins.
cheers