MT. - 11.25p - MYTRAVEL has got a few problems, which has resulted in a 'downtrend' over the last 6 mths, that has taken the price down into the 5-15p 'basement range'.
It has found support at the 10p 'mid range', but there is a 'MAJOR KEY LEVEL' of 12.5p above it now, which is going to act a 'strong resistance', and I reckon it may hold the price to the 'middle of the range' until it 'sorts itself out'.
However, if it can rise and hold above the 12.5p level, it will then reverse to 'strong support', which will allow it to 'consolidate' and build up its strength within striking range of the 'crossover' into the range above .. its moving up towards the 12.5p level now, so it shouldn't be long before it provides and indication of its intentions.
'Streaming chart' to monitor its reaction to the 12.5p level.
please find the views of fingers xxd from the the £1 thread
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