re: hungry... My take is that MRE was at resistance yesterday and has now pulled back from it.
A short term trade was identified (bullish engulfing pattern) on 9/1/2007 with a $6 target (Resistance) which was more than met. We now have a doji formed yesterday and a bearish engulfing pattern today. Time to sell short term IMHO.
If Friday's close is lower the above pattern will have been confirmed.
Look for support between $5.50 and $5.35.
Cheers
Quik.
mre third best in asx 200 , page-23
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Last
$1.99 |
Change
0.000(0.00%) |
Mkt cap ! $300.5M | |||
| Open | High | Low | Value | Volume |
| $1.98 | $1.99 | $1.98 | $58.52K | 29.55K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1805 | $1.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.99 | 19461 | 4 |
View Market Depth
| Last trade - 10.21am 05/11/2024 (20 minute delay) ? |
| MRE (ASX) Chart |