MEI 5.13% 18.5¢ meteoric resources nl

Hopefully you are right and we see a good move.Reason I had said...

  1. 4,214 Posts.
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    Hopefully you are right and we see a good move.

    Reason I had said that current price action is not good as it was not able to reach 20c, which for me was not a strong move. It did then get down to 16.5 rather than going up. So in that context what I was thinking may have been fine as I exited out at 19.

    You are right that it has done 16.5 compared to 15.5, but we are looking at a very narrow trading range. So its good that it is higher low, but its still within the same range of last 2 weeks.
    .
    Key for me is still 20. Second thing is volume. Most of the previous gains have happened on a much higher volume than what is happening now. Last 1 week trades have been one of the lowest average 1 week for a year. So a better volume will help. But at least to get back to 19 after over a week is still good. Tonight US Indices are in good mode. A big green tonight could help ASX as well tomorrow, and hopefully these sectors which are not doing great. Watching for now. All the best.
 
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(20min delay)
Last
18.5¢
Change
-0.010(5.13%)
Mkt cap ! $368.1M
Open High Low Value Volume
19.5¢ 19.5¢ 18.5¢ $279.1K 1.480M

Buyers (Bids)

No. Vol. Price($)
17 1222195 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 380918 16
View Market Depth
Last trade - 16.10pm 29/05/2024 (20 minute delay) ?
Last
18.5¢
  Change
-0.010 ( 2.63 %)
Open High Low Volume
19.3¢ 19.5¢ 18.5¢ 914510
Last updated 15.59pm 29/05/2024 ?
MEI (ASX) Chart
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