Considering this is a charting thread I had a potential head and shoulder playing out several days ago for MTM.
Also did an analysis of the Daily chart showing multiple resistance levels which so far have played out perfectly.
Attached chart below is a smaller time frame showing the completed head and shoulder (atleast for my thesis anyway). I would be wary and keeping an eye for a close of 14.5c or 15c levels today. Juice seems squeezed out of this. All that's left is to chuck the skin out. No trade for me, not a train I am willing to stand infront of. Well done to brave intraday scalpers! How will management surprise us after a flurry of constant good news?GLTAHz!
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Last
74.0¢ |
Change
-0.025(3.27%) |
Mkt cap ! $404.9M | |||
| Open | High | Low | Value | Volume |
| 76.0¢ | 77.0¢ | 72.0¢ | $4.475M | 6.047M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14440 | 73.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.5¢ | 50000 | 2 |
View Market Depth
| Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
| MTM (ASX) Chart |