MARI Short

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MARI ShortMARI PETROLEUM COMPANY LTDPSX_DLY:MARIForever-LearnerSince July 2023, Mari has never breached and closed below SMA10 on monthly timeframe. If it breaches it and closes below 588, the downfall will be sharp. Its first stop would be 519 and then 446 and 415 can also be on cards. Sorry for Mari lovers but it can become a harsh reality. However, 415 to 446 can be an ideal time for accumulation for long term investment purpose. its not a buy / sell call, just my personal opinion.