MLX 1.20% 42.0¢ metals x limited

Ann: Quarterly Activities Report, page-108

  1. 1,092 Posts.
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    Selling wick on the 15, and momentum slowing.
    Sell queue starting to crowd. Might have seen the high for the day, but you never know with US oppies expiring tonight.

    Bit hot on the Nadaraya for the daily, but the market is definitely irrational at present, so could surge into next week, where we watch .32.
    Yet to cross the 10/30 daily EMA on the weekly, so still needs to sure up before the Christmas lights come out

    Probably see a bit of churn again, as loss holders from July/August exit, and new buyers enter.

    IF, macro conditions are right, the quarterly is strong and there is some communication by the board, with a support at .34, I might take another position , add slowly into the high 30's, and see what develops at the .425 price action.

    IF , that holds up into .45, then we might actually see the hoped for trend reversal, and will probably start to add considerably.

    If not, then dissolve entries and await market guidance.

    We are a long way from any of these points today however, so let's see...

 
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42.0¢
Change
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Mkt cap ! $380.6M
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41.5¢ 42.5¢ 40.5¢ $591.9K 1.424M

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1 246 42.0¢
 

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Price($) Vol. No.
42.5¢ 225200 7
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