MYR

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80.0¢ myer holdings limited

MYR Charting Thread, page-9

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jas626

6,951 Posts.

533

08/09/23

23:40

Post #: 69792949
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Originally posted by Cheeky-Charm: ↑

I'd like to think so! I'm also prepared for the possibility of being completely wrong.

I've come to notice that big money HATE me exposing the plans behind closed doors especially if I'm building a bullish case.

The opposite is also true, whenever I point out flaws in a company or potential flags I find they react with a sell down way Sooner than saying "this stock will go for a pump".

I already have manageable expectations here that they'll try and flush a few folks who were trying to buy at levels clearly showing that this is on the way to a big EMA breakout move.

This one doesn't need ramping as they'll cull the supply and push it up when they're ready.
I don't think I've ever seen anybody in their right mind who pays $16M of stocks purchased on market, right as this lurks the 200 EMA, right as the weekly shows a massive test of long term EMAs and respectfully bounces, and right as someone recently shorted 25M units this month all sounds like a short squeeze recipe. Time will tell though.

If I was the big boys who just got outed, ofcourse I'd bring some supply in to cover a short that's about to squeeze retailers out as they're the ones who are quite bearish on MYR.

Can I just note on the second image attached, MYR HAS NEVER SEEN ITS 150 & 200 EMAs trending to the upside. It's been DOWN DOWN DOWN since the $2.80 sell downs BUT funnily enough since the co-ordinated world wide plandemic, we can see LATE 2020 MYR finally started having ALL EMAs trending to the upside.

Just WHAT is it these guys know, that's only being released to us AFTER the fact? I remain bullish so long as MYR stays trending (the technicals, not the market bias and their sentiment). GLTAhz I think following the money here is the wise decision despite the conventional retailer and their doomsday predictions.

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how’s RDN going you muppet, that’s the worst call I’ve ever seen someone make lol, hope you did not short it.

MYR Price at posting: 64.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 80.0¢		Change 0.010(1.27%)		Mkt cap ! $665.4M

Open	High	Low	Value	Volume
79.0¢	81.0¢	79.0¢	$2.299M	2.872M

Buyers (Bids)

No.	Vol.	Price($)
1	10060	79.5¢

Sellers (Offers)

Price($)	Vol.	No.
80.0¢	37136	2

View Market Depth

No.	Vol.	Price($)
1	10060	0.795
1	12658	0.790
2	31468	0.785
3	78700	0.780
1	17	0.770

Price($)	Vol.	No.
0.800	37136	2
0.805	75000	1
0.810	94737	3
0.815	49078	2
0.820	52283	10

Last trade - 16.10pm 12/07/2024 (20 minute delay)

MYR (ASX) Chart

MYR Charting Thread, page-9

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MYR Charting Thread, page-9

Top Stories

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Almonty locks in govt agreement for tungsten oxide plant in South Korea

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Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News