Since bottoming following the fall from 32c, MAT has reached or exceeded the 23c price level 12 times; 8 of those times in the last 8 trading sessions.
There is no doubt that 23c is technical resistance, followed by the 26-28c area.
For me to believe that MAT has broken this 23c resistance, I want to see the stock with a close at 23c or better for 3 consecutive trading sessions.
Today was that third session and I hope we are now ready to attack the next line of resistance.
This is all part and parcel of MAT's reawakening from 4 years of continuous price depreciation and is actually necessary and healthy for the future price action of MAT.
Since bottoming following the fall from 32c, MAT has reached or...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
12.0¢ |
Change
-0.010(7.69%) |
Mkt cap ! $93.26M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 11.5¢ | $210.0K | 1.707M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 84655 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 115522 | 6 |
View Market Depth
| Last trade - 16.10pm 15/09/2025 (20 minute delay) ? |
| MAT (ASX) Chart |