MTM remained flat to finish at 11.5c. Volume was small, just around 2.5m shares traded. Opened and closed at 11.5 with a touch of 12.5 - is that indecisive? . ASX REE stocks were generally not in good mood. Of the 26 REE stocks (list in my Weekly Report) that I track, average loss around 1% . So we held the line though could not make any progress. There were good signs and a touch of 12.5, but at this stage not enough conviction to push it higher. I feel it may be a waiting game now and fundamentals will slowly take control. . So what will happen tomorrow? Not sure, may be another day like today? But buyers have stepped up, and it may not take much to push it higher, as many are waiting in the wings for a signal. Will that happen? Lets hope so.. All the best.
MTM Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held
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