For what its worth, technically it looked like a head and shoulders at the last high which generally means a bit of a dump, followed up by yesterday breaching the 200 day MA so a bigger dump ,whatever the reason .So if you want another punt to top up start doing your Fibonacci / Gann retracement percentages for the next buy in.(50% - 0.016, 66% -0.013 and 100% - 0.007) I am hoping its only a 50% er Good luck.
I agree with comments regarding the fundamentals but the timing is interesting.
The final analysis is owning shares in little operations like MMI is always high risk .The ride is pretty wild .
For what its worth, technically it looked like a head and...
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Last
4.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $198.5M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.2¢ | 4.0¢ | $411.7K | 10.08M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 7437379 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 2097809 | 11 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
4.0¢ |
Change
0.000 ( 2.44 %) |
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| Open | High | Low | Volume | ||
| 4.1¢ | 4.2¢ | 4.0¢ | 4783041 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| MMI (ASX) Chart |