MEI 12.4% 10.0¢ meteoric resources nl

Hi EveryoneFairly crappy affair since my last post, since the...

  1. 5,702 Posts.
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    Hi Everyone

    https://hotcopper.com.au/data/attachments/3101/3101726-e63c8345f29bc2faafa3f0ba6792327b.jpg
    Fairly crappy affair since my last post, since the highs of 8c from the start of this year, its been a systematic dump ever since, chinese cuts with bugger all volume, crazy stuff considering what MEI has at the Butcher and what we potentially have at Juruena, anyway maybe that yellow arrow spells the start of an accumulation period........

    a) AO.......just showing some life with some green bars , needs to get above the baseline before i can read anything to it

    b) MACD......cross over of the red line is not far away

    c) 5 & 9 ema turning up

    d) RSI 14 has based and poking its neck up

    Its all bottom trough stuff, so lets hope we get some decent FA news to spark this off again, news can be far off surely.

    https://hotcopper.com.au/data/attachments/3101/3101740-d8602f437374f77187a48e695bde74c3.jpg
    Macro is certainly on MEI side, not far away from getting back to 1800

    Not much else to report.

    IMO

    GLTAH
 
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