MINERAL RESOURCES LIMITED
Long
Updated

$MIN:ASX - MINERAL RESOURCES - Up ~100% since mid March

260
Nice steady run out of Mineral Resources. They supply goods and services to the mining industry. Could be worth a look.
Note
Up through $25. Tightened trail to 10%.

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Pushed through $27 to a new high of $27.22 before a small pullback. Tightened my trail slightly.

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Stock has run up to a high of $28.74 but is going through a consolidation / resistance which is easier to see on the 15 minute chart shown below. It will be interesting to see how it will go. Trail is still at 10% but you could put a stop at $27 just to better lock in profits if it fell back.

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* meant to say 1 hour chart - in the chart above.
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Broke through resistance and now challenging $30. RSI looking good too.

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Up through $34. Now pushing for $35.

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