MMN macmin silver ltd

throwing itself against resistance

  1. 5,382 Posts.
    Thought I'd better post something on this one as it was my pick for the ridge list.
    Once again it has mounted an assault on the descending resistance line, higher lows on the macd (which has just crossed upwards) and and rsi give me some encouragement. It may just fall back again. Its all dependant on the silver price.
    Here's a link to the recent Hartley Poynton nov 2002 report if you interested. It gives an overview of the percieved upcoming silver shortage.
    I'm long mmnoa, but would have done a lot better just trading it (so far).

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