I’m failing to see the optimism here. Myx has
dropped 10% since the “positive” announcements.
200, 50 and 20 day MA all turning downwards. MACD
is below 0 and has crossed the line. Shorts are on
the rise and there are 4 shares on offer for sale for
every 1 share to buy. The company has big debts
in comparison to its MC. I can see this heading to 20
cents in the near term as markets continue the capitulation
in response to interest rises commencing in earnest
in 2.5 weeks time….
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