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Mainland Resources Inc. (MNLU.OB) Video Chart for Thursday, November 11, 2010

MNLU is going on watch because it appears to be “ironing-out” a bottom at this point. Long-term indicators that are generally reliable in determining a bottom play are displaying positive divergence. Coupled with a volume increase, this chart was brought to our attention as we now watch to see if the base will hold and the price will challenge the 50 day moving average.

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