Here is the medium term chart for MAU.
It appears similar to the LLO chart except for one significant difference.
It pulled up right on trend on the short term chart.
The is consolidation to fill. The exit price from consolidation is often the middle of the funnel.
This just happens to be Fridays' low of 35c.
The A/D suggests this stock is being accumulated at these prices so should rebound nicely.
Medium term chart
The short term chart. it constantly surprises me how well these charts identify support.
Here is the medium term chart for MAU.It appears similar to the...
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Last
$1.31 |
Change
0.005(0.38%) |
Mkt cap ! $338.9M | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.31 | $1.27 | $101.1K | 78.78K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24500 | $1.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 6042 | 2 |
View Market Depth
| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| MAU (ASX) Chart |