The ASX down 116 points today as I type yet MEM has only had 3 sales worth $3k..... tightly held now and selling is slowing up. Indicators look like the turn is about to happen. At the moment 10.5cents is the next line waiting, 3 sellers 81K shares.
I have also noticed that on days the ASX runs hard there's more selling pressure for MEM than on tough days .... maybe it's being used as a safe haven for volatility? Who knows.
Chart, page-366
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