MCE 1.41% 35.0¢ matrix composites & engineering limited

montgomery's intrinsic value is $11.13 !!!, page-21

  1. 6,485 Posts.
    It's had a huge run up. i thought it might have been a buy until todays action.

    Todays candle is on it's way to the 50% retracement of all time low to high and volume was good. Into oversold on the rsi now. See what happens tomorrow.

    Personally I think there is some doubt as to where future revenue growth is going to come from. A highly specific market.

    Here's a chart. All comments and criticisms are welcome.

 
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