MOX 0.00% 0.2¢ monax mining limited

mass psychology at work: what goes up.....

  1. 5,800 Posts.
    lightbulb Created with Sketch. 96
    .....must come down. When you see a crowd stampede like this - pure mass psychology at work - then the only thing you can be certain of is that the share price WILL come down.

    Either tonight - at the close - of tomorrow, would be my guess. The T+3 traders and day traders will be running for the exits having had their fun.

    We saw it several times recently, including AUM/CDU, PMH, and others. We will see it again with MOX.

    If you're holding, perhaps about now would seem a good time to take profits. One can always get back in on the bounce.
 
watchlist Created with Sketch. Add MOX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.