MTS 0.85% $3.57 metcash limited

why mts price did not follow 2 bad ratings?

  1. HSP
    5,051 Posts.
    lightbulb Created with Sketch. 82
    Why MTS price today did not follow 2 bad ratings?

    today Credit Suisse: Underperform TP=310 and Deutsche Bank: Sell TP=280

    I think they were very bad ratings today about MTS.

    The reason of shooting up price because

    MTS 1H14 results was better than the market estimate.

    to me, 1st resistance = 350
    2nd resistance = 370
    big resistance = 400

 
watchlist Created with Sketch. Add MTS (ASX) to my watchlist
(20min delay)
Last
$3.57
Change
0.030(0.85%)
Mkt cap ! $3.891B
Open High Low Value Volume
$3.53 $3.58 $3.53 $1.846M 519.4K

Buyers (Bids)

No. Vol. Price($)
30 22834 $3.57
 

Sellers (Offers)

Price($) Vol. No.
$3.58 59290 30
View Market Depth
Last trade - 11.13am 05/09/2024 (20 minute delay) ?
MTS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.