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MED - Merlin Diamonds

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The last cap raising was pitched at 1.3c
Nice quick profit, if you can move the price a little.
Normally, I ignore funnymentals and go by the chart, but I do reduce my risk tolerance when I smell something ... or when I sense that ASIC might sniff a smell ...
 

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back below spp pitch

MED am 22-03-17.png


doesn't look very promising. Maybe they should take a leaf out of Pnina's (QBL) book and go the potty route? Otherwise, the weekly chart bears a striking resemblance with KDL's.

MED w 22-03-17.png
 
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