MYR myer holdings limited

Bounced from a strong support zone, page-29

  1. 62 Posts.
    Don't think we will see below 1.15. Its a big support line to break to 1.10 (historically proven to be VERY strong) (multiple testing) and then the best reward is to break 1 more for another ten cents to 1.00. Shorta potential
    For longs probably one weak resistance line to initiate a potential 25 cent upside and continued formation of bull flag plus potential breakout upside. Risk reward is better long.
    The more shorts that think this stock is going down the more trapped in either the 1.10 to 1.15 consolidation. The longer this consolidation bouncing range occurs I'd expect a faster and stronger squeeze to the upside.
    Last edited by anderton88: 04/10/16
 
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(20min delay)
Last
60.5¢
Change
0.005(0.83%)
Mkt cap ! $1.045B
Open High Low Value Volume
60.0¢ 61.0¢ 59.5¢ $4.694M 7.796M

Buyers (Bids)

No. Vol. Price($)
2 99148 59.5¢
 

Sellers (Offers)

Price($) Vol. No.
61.0¢ 109457 7
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Last trade - 16.15pm 26/06/2025 (20 minute delay) ?
MYR (ASX) Chart
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