Sign up
Mining Capital

Zak Mir: ‘Now it’s through the 200-day moving average, Metal Tiger can head towards 3.6p’

Now that the Metal Tiger PLC (LON:MTR) share price has pushed through the 200-day moving average, Zak Mir thinks it could rise to 3.6p over the next month or so.

“You can see that the shares have broken through the 200-day moving average at 2.38p which is always a significant point for a stock,” explains Mir in the latest Proactive Investors Bulletin Board.

While we’re above recent 2p support at the floor of this rising trend channel from October, the target here on a technical basis is 3.6p over the next one to two months.”


View full MTR profile View Profile
View All

© mining Capital 2018

Mining Capital, a subsidiary of Proactive Investors, acts as the vanguard for listed mining companies to interact with institutional and highly capitalised investors.
Headquartered in London, Mining Capital is led by a team of Europe's leading analysts and journalists, publishing daily content, covering all key movements in the Technology market.