Pretty clear cut Head & Shoulders pattern here that has now created an interesting buying opportunity. At least for the short term. MRU has now hit the top part of its first support range and bounced off it as convincingly as it did in late June. Interesting setup right now.
הערה:
Will most likely start a position here tomorrow or Thursday if markets start to calm themselves a little.
הערה:
Nice reversal candle today. Low volume is a bit a of a drag but we're getting close here.
הערה:
Still very much in play for short term bounce (3-5%) as anticipated. Hammer candle with volume should mean a good start to next week.
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