Keeping it Simple.. Just Price Action
14-Sep-2023 : Why MAD should be on your watchlist..
1. Continuation trend pattern... Bullish Flag
2. Flag break out on 11-Sep-23. Maintaining a constant low since then.
3. Good support at 20 MA
4. Check the volumes from previous months... Huge uptrend in average volumes.
How will I trade this ?... Enter in the current range at around 7.6, with a tight S/L just below 7.4 ( ~ 2.5% Stop Loss only ).
** This is only my opinion and may not be correct. Please do your own research.
Charts Analysis for MAD
Add MAD (ASX) to my watchlist
 (20min delay)
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Last
$6.85 |
Change
0.190(2.85%) |
Mkt cap ! $1.37B | |||
| Open | High | Low | Value | Volume |
| $6.70 | $6.85 | $6.66 | $425.2K | 62.81K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 288 | $6.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.86 | 510 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$6.80 |
Change
0.190 ( 2.13 %) |
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| Open | High | Low | Volume | ||
| $6.71 | $6.84 | $6.65 | 13135 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| MAD (ASX) Chart |