MYX has the potential for a run. It’s been struggling to decisively break away from the $0.43 resistance level. If it can make that break (and it made an early move in that direction this morning before falling back) then it has a short term target of $0.51
There is a larger Wyckoff pattern possibly in play here and while that has yet to be confirmed it suggests prices should generally go higher from this point and it also has a target calculation aspect. While this needs more data it is suggesting a longer term target of around $0.75 - $0.80
Chart - MYX
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 (20min delay)
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Last
$6.66 |
Change
-0.090(1.33%) |
Mkt cap ! $566.5M | |||
| Open | High | Low | Value | Volume |
| $6.70 | $6.75 | $6.51 | $865.5K | 130.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 39 | $6.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.66 | 437 | 1 |
View Market Depth
| Last trade - 16.10pm 19/04/2024 (20 minute delay) ? |
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Last
$6.61 |
Change
-0.090 ( 1.73 %) |
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| Open | High | Low | Volume | ||
| $6.68 | $6.76 | $6.51 | 24366 | ||
| Last updated 15.59pm 19/04/2024 ? | |||||
| MYX (ASX) Chart |