MLX 1.33% 38.0¢ metals x limited

Ann: On-Market Share Buy-Back, page-46

  1. 1,096 Posts.
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    Dod a quick exploration of different time frames from the 5 minute, up to the daily, and current resistance around the .34 mark, which is to be understood after the % surge and the availability of buyers.

    Will let the market tell us if it is just a rest in order for punters to to accumulate and 'check the surroundings' then bounce off .335 , or of it wants that slight pullback, before another strong impulse either way.
    A few wicks does indicate SOME seller participation, ehich is understandable as traders pocket a few dollars profit.

    With this company, and considering it's previous disappointments in price action, I'm happy to just wait and see if we can actually form a strong .335 support, and then add accordingly.

    .34 to your .365 res, represents a more promising 're-rate' by the register and the likely churn into a set of newer, more longer term holders.


 
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Last
38.0¢
Change
0.005(1.33%)
Mkt cap ! $344.3M
Open High Low Value Volume
37.0¢ 38.0¢ 36.5¢ $281.0K 755.6K

Buyers (Bids)

No. Vol. Price($)
2 167465 37.5¢
 

Sellers (Offers)

Price($) Vol. No.
38.0¢ 100862 5
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Last trade - 16.10pm 07/08/2024 (20 minute delay) ?
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