MLX hit a few support lines including the 200d moving average, so the bounce is supported technically. More into fundamentals (which are solid here) but technicals are useful as many traders use them for their exits and entries (ignore green line, that's my recent entry)
Obvious correlation to the tin price which bottomed out at a longer-term support line. Pushed above 200d moving average, will see how it goes. The tin price is the main thing I'm watching with respect to MLX. Fundamentals wise, China dropping zero covid policies and holidays finishing is good for tin demand.
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Last
54.5¢ |
Change
-0.010(1.80%) |
Mkt cap ! $483.0M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 56.0¢ | 54.5¢ | $613.2K | 1.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 75745 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 48986 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |