Looking at the volume on wash out day,
SHORTS are getting scared
Look at trhe volume today and the % price rise Vs Friday too.
Certainly wash out happened on Friday.
Price went up today because of selling exhaustion and shorts getting nervous. So are the fence sitters and the ones who sold out thinking that they will buy back at 5 year lows.
Does not look like it is happening.
All we need is a decent follow up for a day or two on good volume and up move in price.
MYX Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)