MEI 2.22% 22.0¢ meteoric resources nl

Is 28 a tough nut to crack?..A small gain this week, moving from...

  1. 4,128 Posts.
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    Is 28 a tough nut to crack?.
    .
    A small gain this week, moving from 23 to 25. My last post was around 3 weeks back as I was away for couple of weeks, and I was hoping to have made an attempt at 28. But not yet. We are still toying with 23/25 this week, finally touched 25.5 again. So why is it looking so hard for 28? There are 2 numbers on upside - 28 based on previous resistance and then 31 for a new high. MEI likes to churn, but can suddenly make a big jump, line wipes etc. It has not happened yet, but not to be ruled out. REE macro improving slightly, and that may help.

    I my lst post 3 weeks back, I mentioned I had bought at average 21. still holding, But did not add. Want to see 28 before adding.
    ..
    For those interested how MEI is tracking against other REE stocks or who hold multiple REE stocks, I do a Weekly Report across 26 ASX REE stocks. It has got Weekly/Yearly data how stocks are tracking. I also have commentary across general markets and sector. Those just holding specific stocks, it may not be relevant, so please ignore.

    Here is the report for this week.
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    .
    https://hotcopper.com.au/threads/enr-weekly-report.7575014/#post-73331651
    .
 
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Last
22.0¢
Change
-0.005(2.22%)
Mkt cap ! $437.8M
Open High Low Value Volume
22.5¢ 22.8¢ 21.5¢ $385.6K 1.739M

Buyers (Bids)

No. Vol. Price($)
15 500983 21.5¢
 

Sellers (Offers)

Price($) Vol. No.
22.0¢ 406489 7
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
21.8¢
  Change
-0.005 ( 3.46 %)
Open High Low Volume
22.5¢ 22.5¢ 21.8¢ 548839
Last updated 15.59pm 03/05/2024 ?
MEI (ASX) Chart
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