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Next..and NOW MKS worth a short?

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13 years 3 months ago #1149 by diver993
I see MKS made a good start on it's retrace finishing at 384.50

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13 years 3 months ago #1058 by Jackozy
It might just be worth waiting to see if it gets to 411.2p first as that's a strong resistance (not just from where you see on the following chart):



dl.dropbox.com/u/20815047/MKSdaily06_11_12.gif

431p is also a major resistance as that's the highest it's been since Jan 2008. There is a gap at 498.5p from 7 Jan 2008 though...
The following user(s) said Thank You: remo, Tradesmarter

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13 years 3 months ago #1050 by diver993
Agree 100%. Primary target 350-355; secondary target tiny gap just south of 61fib - 341



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13 years 3 months ago #1048 by Tradesmarter
think risk/reward could be good with tight stops?

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