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MTN is sinking

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manicks
Regular Contributor
Can we see downside to 80 levels
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11 REPLIES 11
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DEFINITELY :P
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HIGHLY LIKELY-keep your fingers crossed...
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IMO but have a look at the chart this is heavily over sold from 30 to 4 hour and daily ... I see 100 and thats it for monday then up and it might move up BIG. IMO IMO IMO
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ok ! so no 90
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Ninja
Super Contributor
It is oversold and huge Dow rally.....if you are short get out!!!!!
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mtn is going to rally monday, ninja is correct daily, weekly and monthly chart oversold, if you are short get out
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GOT out luckily tanx ppl
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MTN closed @9600c on friday, the 50% fibonacci retracement from recent high and low is exactly at 9600c, the 61.2% retracement is @+-9100c. Any bounce from where its at now will prob be very bullish, a close below 9100c will send us back down to R65-R75.
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manicks
Regular Contributor
Looks like we can expect more upside back to 108
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niemand
Contributor
Trend, where do you see the next resistance level? I'd day at around 108-109.?
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