MIM - Support / Resistance

  1. 730 Posts.
    Hmmmm.... It looks as though MIM could be moving to its' long term suport / resistence point of $1.09, now that the $1.18 support has been belted.

    Looking at its' recent run from 1.17 to 1.39, and applying a fib retracement of 1.382, MIM could go to 1.086, and then rebound.

    MIM doesn't look like getting there today, however it could happen in the short term.

    So whoever pulled their offer of 200,000 October 2002 $1.25 call warrants (MIMWMJ) off the market, please feel free to pop them back there at about 2.4 cents.


    Kind regards,
 
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