MLNF bounces up will hit resistance drop and back up
MILLENNIAL LITHIUM CORPORATION has been on the highway to hell this past year (Feb 2018) after a bubble-like ride up. The fundamentals are strong as demand for this mineral is expected to only increase, their operation in South America is producing as expected, this being the case I expect the following. It will continue to increase in value as it has been this past week once it hits the $2.00-point profit taking and those who have broken even will pull out thus pull the price down to by 15% once that is done back to $3.00. I fully expect new highs but the road there will be bouncy. $10 by 2020 is possible.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.