DYOR - but there is some traditional resistance at $1.60 . That said, the trend is your friend. I'm holding a small amount of this stock, but had a stop loss at 2.40 and sold most out there. Personally, I'm waiting until it's in clear turnaround, so a particular SP price isn't too useful here, I think. They have very expensive gas at the moment, and who knows if they're even turning a profit. The announcement of 'investigating standby banking facilities' is a worry.
should i wait b4 i buy, page-2
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Last
$1.99 |
Change
0.010(0.51%) |
Mkt cap ! $300.5M | |||
| Open | High | Low | Value | Volume |
| $1.98 | $1.99 | $1.98 | $388.9K | 196.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 9621 | $1.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.99 | 15287 | 2 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| MRE (ASX) Chart |