By Zak Mir | Thursday 27 August 2015
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
It would appear that despite the way that the shares of MXC Capital (MXCP) have pulled back from the best levels of the year above 4.5p, and then subsequently lost their 50 day moving average, we remain well disposed towards this position on a technical basis for a share price target.
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