Home > Boards > US OTC > Mining/Resources > Mawson Gold Ltd. (MWSNF)

Thanks Edge - - my read of

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Kaseymoe   Saturday, 02/25/17 11:19:59 AM
Re: Edge83 post# 27
Post # of 65 
Thanks Edge - - my read of cup and handle is we've got the cup a well rounded U with cup lips around 50 Cents CDN and are now forming the handle to the right with current decline.

If the new run up breaks 50 cent CDN using MAW.TO the uptrend has some running room from there especiall on increasing volume. If it fails to reach the level of the cup's lips - the upward trend less likely to be sustained. We're early in the downward handle phase from my reading so may have weeks of downard drift to to go.

I'm longterm buy and hold but a friend has done well trading this for 10 to 15% gain per round trip over the past couple of months.

What is your interpretation of the cup and handle?

Found an older interview with Mickey Fulp where me makes mention of Mawson - this from September 2016.

http://investingnews.com/daily/resource-investing/power-of-two/

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