MLX 0.63% 39.8¢ metals x limited

Bearish Sell signal issued by Bell Direct, page-56

  1. 1,550 Posts.
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    Who would have thought the Bearish Sell signal issued by Bell Direct in July last year which said the share price would fall to the 10 cent region within 12 months or so would have been spot on !!

    Most who replied said it was 'rubbish, nuts' and all other sort of things, but in this case the post said "Bell Direct trading software Recognia has detected a "Symmetrical Continuation Triangle (Bearish)" chart pattern formed on Metals X Ltd (MLX:ASX). This bearish signal indicates that the stock price may fall from the close of 0.72 to the range of 0.05 - 0.10.
    Amazing and sad for current shareholders !
 
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39.8¢
Change
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41.0¢ 41.0¢ 39.3¢ $182.7K 459.6K

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14 72030 39.5¢
 

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Price($) Vol. No.
40.0¢ 122307 14
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