MAKO MINING CORPLong
Mako mining is ready to pour
Mako mining is ready to pour in January and has several bullish technical indicators showing signs of accumulation.
Key Indicators:
- 9 year downtrend broken
- Multi-year long double bottom in play
- Confirmed Golden Cross on the weekly
- Bounce off oversold on the weekly
- Weekly Stochastic RSI turned up, still in oversold territory
- Bounced off of the 200 week moving average
- Major resistance area should be weakened having completed the first test in Jul - Aug
Short term price target: .65 - .75
Long term price target: $1 - $1.25
Key Indicators:
- 9 year downtrend broken
- Multi-year long double bottom in play
- Confirmed Golden Cross on the weekly
- Bounce off oversold on the weekly
- Weekly Stochastic RSI turned up, still in oversold territory
- Bounced off of the 200 week moving average
- Major resistance area should be weakened having completed the first test in Jul - Aug
Short term price target: .65 - .75
Long term price target: $1 - $1.25
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