Regarding the charting TA:
- I have found that support is @ 23.0c and resistance is @ 24.0c
- For further gains next week (or bull run) we need to close ideally @ 25.0c however, 24.0c should do to the least.
- I see that supply is an issue as it is decreasing at intervals every half hour. In short - holders are holding and traders are selling them cheap.
- I am expecting 'sell-offs' tomorrow morning with a rerate back to mid/high 20s in the afternoon.
Oh and I'd like to say that I'd prefer further accumulation around these levels especially at 23.0c as this could be our new base of support.
Once visuals and assays are released and if they meet expectations or exceed expectations MTC can easily sit in the 30s within weeks.
All above is in my opinion. Please DYOR.
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Last
14.5¢ |
Change
-0.035(19.4%) |
Mkt cap ! $28.56M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 14.5¢ | $22.90K | 147.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 74081 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 15045 | 2 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| MTC (ASX) Chart |