Medinah Minerals (MDMN)

[Medinaminer]

I am not the resident chart technician, but I am seeing a reverse head and shoulders pattern being formed. So on technical grounds, the share price may pop to $.06 or higher. It will take either speculative buying and or accompanied by more positive sounding updates to drive up the sp.

We are in the territory where if the sp breaks down again to below $.04, we may have a hard time getting the sp to bounce above these levels, unless of course, some earth shaking news comes out of Santiago. Yes, the sp can and may well fly as we get close to the GM and June, but...

IMO, it looks as though sp wants to move up from here.

The above may sound contrary to my earlier posted sentiment, but then again that is the mixed signal one gets from this stock and company.