MLS metals australia ltd

ta?, page-7

  1. 171 Posts.
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    I thought I would try and post a chart with some explanation.

    I have done a Fib retracement from 14 November 2007 Highs.

    I noticed that current resistence at the 50% Fib retracement mark.

    Price action tomorrow should be pretty telling on whether this stock approaches new highs.

    The next obvious resistance mark would be at 0.074 which is the 61.8 Fib mark.

    From a charting perspective I am actually still pretty bullish.

    I think the MACD display a buy signal well above the zero line suggests there is more left in this move, as well as RSI and Slow Stochastic.

    none of my current indicators are displaying sell.

    I think price action tommorrow will be confirmation that this might approach much higher highs.

    I should disclose that I am not the best technical analyst and there is much much better chartists than me.

 
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(20min delay)
Last
2.0¢
Change
0.003(17.7%)
Mkt cap ! $14.57M
Open High Low Value Volume
2.0¢ 2.0¢ 1.9¢ $77.58K 3.898M

Buyers (Bids)

No. Vol. Price($)
2 170000 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 584784 4
View Market Depth
Last trade - 16.10pm 18/07/2025 (20 minute delay) ?
MLS (ASX) Chart
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