MAT 0.00% 2.5¢ matsa resources limited

As requested by G6.Starting to look interesting. Nice solid...

  1. 3,290 Posts.
    As requested by G6.


    Starting to look interesting. Nice solid foundation along 0.31. Needs more volume and a strengthening of the indicators, as we are all aware even the biggest of the giant Red Woods came from a tiny seedling. So it's been sitting in a nice range bound area. 0.31 to the 62.00% Fib since Nov.

    Presently I'm just looking for day trades until this can break out of that range bound area. On a break out of the 62.00% Fib I have 0.495 as first likely target. A failure to break the range bound area will just see further side ways trading. With the volume recently I doubt if it's enough to break the 62.% this time around, so more volume and strength is a necessity for this to break out. imo.

    Will update as the chart progresses.




 
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Last trade - 10.59am 28/06/2024 (20 minute delay) ?
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