We got the volume to up the odds on a break out continuation tomorrow ...I think the stock fundamentals have become the driver here more than the macro based on outperformance today
Momentum building - the BUY order size stepped up a notch today
So essentially16/16.5¢ first target achieved.
Next obvious target would be projections of the capital raise at 12¢ .
So Fibonacci x1.50 = 18¢ and then x1.618 = 19.5¢.
I hope todays price action didnt upset the plans of someone that called for 'not getting ahead to ourselves' so they could load up closer to Cr level.
They tried framing the price action as irrational exuberance calling for clear heads to keep a cap on the price even though MI6 $/ounce in the ground is much less than its peers. Karma has a way of evening out the score
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MI6
minerals 260 limited
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4.17%
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12.5¢

Charts & TA, page-47
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $258.4M |
Open | High | Low | Value | Volume |
12.0¢ | 12.5¢ | 12.0¢ | $387.7K | 3.155M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
48 | 4081277 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 736309 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
38 | 3125978 | 0.120 |
6 | 366701 | 0.115 |
6 | 278040 | 0.110 |
5 | 240000 | 0.105 |
5 | 650000 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 736309 | 4 |
0.130 | 1149737 | 10 |
0.135 | 344669 | 7 |
0.140 | 608242 | 11 |
0.145 | 517285 | 7 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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MI6 (ASX) Chart |