MEI 5.88% 16.0¢ meteoric resources nl

My young son could of cut and pasted that, love the...

  1. 5,702 Posts.
    lightbulb Created with Sketch. 3801
    My young son could of cut and pasted that, love the detail..............rolleyes.pngcool.png

    https://hotcopper.com.au/data/attachments/3446/3446165-521480191d2264ccbc4b824dc4d3ddf0.jpg
    According to this weekly chart and according to Elliott Wave, this ABC correction after a 5 wave series is fairly typical, hopefully that 4.7c base build holds and we can start the journey all over again, starting with wave 1 up.

    Long term , this is still a very bullish chart.

    All indicators are fairly over sold , encouragingly, all look to be basing , volume is very low still, market still not showing any FOMO with news around the corner, which is bit puzzling but markets sometimes need to be slapped about a bit before they take notice, so hopefully MEI gets favourable news with the monster in Brazil and then the Butcher and we get the re rate that this stock deserves.

    That said, POG aint doing MEI any favours still..........wink.png

    https://hotcopper.com.au/data/attachments/3446/3446240-da02ec7a113dfeae18ef06bd980064b9.jpg
    Hopefully MEI results forth coming speak for themselves..........biggrin.pngbiggrin.png

    IMO

    Good luck all.

 
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Last
16.0¢
Change
-0.010(5.88%)
Mkt cap ! $318.4M
Open High Low Value Volume
17.0¢ 17.0¢ 16.0¢ $639.2K 3.939M

Buyers (Bids)

No. Vol. Price($)
23 880649 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 150459 2
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
MEI (ASX) Chart
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