MIN mineral resources limited

MIN chart, page-1441

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    lightbulb Created with Sketch. 4600
    another rounding top daily chart
    another lower open -51c lower than prior
    another run down intraday with long tail -33c (done in minutes at open)
    another rebound then sell down intraday like yesterday
    another lower low and LOWER HIGH
    another 100c trade range daily

    MACDs now dropped to 0.21 from 0.56 only 2 days ago
    will hit 0.00 tmrw or monday at this rate and create a bearish inflection point on the chart
    RSI dropping to 54.16 down from 60.41 2 days ago

    todays candle is lower than the prior low close
    the 2 long red candles dominate the 2 week chart now= bearish
    and the red hangman marker stands

    SHORTS are targeting the 23.00 to collapse it, they ran it to 22.67 below this already and it reversed
    a close below 23.00 is another lower red candle
    thats their target today imho

    Looks like they want to get to that 20-22 ledge area retrace.
    MACDs RSIs showing 20-22 area is now open
    cant see 27-33 area stability until the candles and TA reverse back to positive and that not happening atm.
    20-22 now probable

    Dont shoot the messenger, im just telling you the TA like it or not.
    Last edited by tomboy: 22/05/25
 
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
MIN (ASX) Chart
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