XAO hit a double top at 3700, that is enough for a big wave. MRE was pumped too much that may drop much further. Test Fib ratio for retracement levels:
High: 78.5c Low: 26c
Retracement
23.6% = 66c
38.2% = 58.5c
50.0% = 52c
61.8% = 46c
78.6% = 37c
If XAO fall further, MRE may hit 40c to form a treble bottom. Too much pump and dump. Wait and see.
I maybe wrong. Pls DYOR, good luck.
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Last
$2.00 |
Change
0.020(1.01%) |
Mkt cap ! $302.8M | |||
| Open | High | Low | Value | Volume |
| $2.00 | $2.00 | $1.98 | $255.0K | 127.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23166 | $1.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.00 | 55761 | 2 |
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| Last trade - 15.53pm 09/09/2025 (20 minute delay) ? |
| MRE (ASX) Chart |