MINE Daily Chart......... A Breakout is Possibly U

MINE Daily Chart......... A Breakout is Possibly Underway

For those of you on my email list or that have been following along, we've been accumulating MINE for a few weeks now while the stock was channeling between .001 to .0015 (two yellow horizontal lines). The failed breakout of early Feb was followed with a retest of the .001 level. The long term declining tops line (upper yellow) has been acting as major resistance for months. As I mentioned to many over the last week, MINE will need to break above that line, on strong volume, and close at a minimum of .02. That was done yesterday. Now let's see if the sharp rise of yesterday is in fact the breakout that I've been hoping for. For those that are learning charting and technical analysis, please note the oversold levels of the FullSto and MACDs. I've also circled the crossovers that I look for when upside momentum is about to happen from these oversold conditions. When all three occur near the same time from these oversold conditions, it often leads to a sharp bounce or even a sustained move to the upside. Some of the shorter term moving averages have also crossed to confirm a buy signal, such as the MA7 crossover of the MA16. Should the next couple of trading days do what I believe is about to happen, then look for a test of the MA200 (red) at .0029 along with possible tests of the horizontal targets (pink lines). There also appears to be some strong corporate news pending which could be the catalyst for a move into the pennies over the next 1-3 months. GLTA