Medinah Minerals (MDMN)

[Medinaminer]

Reading and interpreting charts is not for the weak or faint hearted. It is a tool among many other's to be used with good judgement and care. Being nimble comes to mind, as any bad news could derail a perfectly good pattern.

So far, since the recent lows, this has been a great looking chart. Let's see what the BOD does to this great setup we now have. They could easily put the kabash on this chart and we could easily slide down from here. But as it is today, again, the path of least resistance at this point is upward.

Let's see what is in store. Got to be quick if the news is less than excellent, as I believe the sp is like a balloon that has some air left in it, but it will easily pop if nothing of substance comes of the June 9 drop dead date.