Bouncing off the 200 is definitely a relief, HOWEVER it too is still heading south, with no evidence of a turn as of yet. This is where we need to monitor an indication of a real , impetus driven, turn upwards.
I placed a little sell parcel @.425 in order to help rebalance my portfolios, however am happy to drag that up with strength, if any buying pressure, or shocks return. So far, that trigger looks quite a way off.
I have closed my charts down until Sunday evening in order to give my minute brain a rest for a while, so will have another look at all of the other ma's and nut out if any real pivot by the 100 or 50 ma crosses to the upside, are evident. ( That ALDI Prosecco over the last 13 months has clearly destroyed my data recollection... )
Compared to lithium and energy however, we can ALMOST smile at the current tin prices, especially with so much of the R word being uttered over the news outlets of late...
MLX Price at posting:
35.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
)
(20min delay)