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Trading opportunity with Monadelphous

Michael Gable

Fairmont Equities

For the last few years, we have avoided the mining services sector. Because of this cautiousness, we have managed to save our clients a lot of money as share prices plummeted. Despite the nice gains in the last 6 months, Monadelphous (MND) is still well down from its all time highs. Looking at the chart though, we have seen a trading opportunity develop over the last few days. (VIEW LINK)

1 stock mentioned

Michael Gable
Michael Gable
Managing Director
Fairmont Equities

Michael Gable is managing director of Fairmont Equities. We are a small boutique advisory that uniquely combines both fundamental and technical analysis. As a result, our analysis is featured regularly in the finance media such as the Australian...

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