yep agree.
the fact that myx has organised this event is testimony to the fact that they think the sophisticated investors/ insto's are being held back by fear and do not understand the myx outlook accurately.
they are obviouslyconfident that they can create some positive sp momentum by this event.
i also note that myx has made a higher low recently on its 3rd and final dip to test the lows, which is a bullish indicator. the 3rd dip is usually the last in the absence of negative news.
nice solid consistent rise on good volume the past 5 days as per the chart below.
also the rise off the lows has been very sharp on each occasion. here is a look at the chart from the last 3mo showing the sharp bounce off the lows and the higher low.
i think we will next see a higher high than lreviously above 1.50 when the investor day occurs or the next quarterly results are released due to bullish momentum combined with a short squeeze.
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Last
$4.40 |
Change
0.140(3.29%) |
Mkt cap ! $374.3M |
Open | High | Low | Value | Volume |
$4.25 | $4.43 | $4.25 | $618.9K | 141.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 2957 | $4.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.41 | 968 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 4.400 |
1 | 870 | 4.370 |
2 | 1169 | 4.360 |
1 | 169 | 4.350 |
1 | 169 | 4.340 |
Price($) | Vol. | No. |
---|---|---|
4.440 | 169 | 1 |
4.450 | 169 | 1 |
4.460 | 169 | 1 |
4.470 | 169 | 1 |
4.480 | 169 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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MYX (ASX) Chart |