HI all, i can't find a MYX chart thread so i start one, maybe i am blind. mercy.
I don't know much about the company because my english isn't good enough yet to read news and reports.
But from T/A perspective. The market is STRONG now.
Volume is key to TA. If we look the previous high volume day on down candle. The candle spread is big that means not support (buying) . But compare what happened this recent couple weeks. (big volume but not big spread = buying = support ) this is a sign of smart money start coming in.
But is this bottom now ? i don't know. but definitely there is a strength forming.
what's gonna happen next? the old classical "test " will dominant SP IMO. if you dont know what's test , it's similar to tree shaking but different purpose from smart money or professional traders. just do a small google.
anyway, i putted a parcel in today. good luck to all and dyor.
david
Chart
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Last
$4.43 |
Change
0.010(0.23%) |
Mkt cap ! $376.8M | |||
| Open | High | Low | Value | Volume |
| $4.45 | $4.50 | $4.42 | $419.3K | 94.30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 33996 | $4.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.45 | 506 | 1 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| MYX (ASX) Chart |