MTC 19.4% 14.5¢ metalstech limited

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  1. 1,691 Posts.
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    I can be considered a chartist (although I have MTC as one of my long-term holdings) and I'll share my thoughts/opinion. I'll share what I think about the trade analysis which is quiet interesting

    Have a look at the Trade Analysis below.
    Prior to the TH:


    After the TH:


    If you have a look at the Average Price today which is 24.642 that is approx 44.5% jump within our current market valuation.

    If you look at numbers of trades today 23.0c and 23.5c accounted for approx 46.5% of trades.

    We have considerable substantial interest within our company which may be a influential factor for MTC's future.given we are still awaiting for visuals and assay results from the Cancet project..Results are imminent. MTC is currently finalising it and I believe it would be released to the market early next week.

    If MTC closes above 24.5c tomorrow we are in for a hell of a ride.

    If buying outweighs selling tomorrow we can expect further gains on the SP.
    BUT!!! Remember slow and steady wins the race - gradual linear upwards trends is best for MTC. A quick rise to the top will eventually cause a quick shortfall.

    All above is my own opinion. Please DYOR. Charting technical analysis will be shared in due course.
 
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(20min delay)
Last
14.5¢
Change
-0.035(19.4%)
Mkt cap ! $28.56M
Open High Low Value Volume
16.0¢ 16.0¢ 14.5¢ $22.90K 147.5K

Buyers (Bids)

No. Vol. Price($)
3 74081 14.5¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 15045 2
View Market Depth
Last trade - 16.10pm 04/11/2024 (20 minute delay) ?
MTC (ASX) Chart
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