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
$4.55 |
Change
-0.020(0.44%) |
Mkt cap ! $387.0M | |||
| Open | High | Low | Value | Volume |
| $4.59 | $4.60 | $4.51 | $190.3K | 41.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2545 | $4.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.57 | 1026 | 17 |
View Market Depth
| Last trade - 13.07pm 27/09/2024 (20 minute delay) ? |
| MYX (ASX) Chart |