MIN mineral resources limited

0.84%

$23.90

MIN chart, page-1677

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blackdekka

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12/06/25

21:49

Post #: 79413632
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Originally posted by tomboy: ↑

WOAH 2370 close
I mentioned the 2370 several times and picked that SPOT ON.

What a horrid day for BULLS and sweet day for SHORTS who made a motza today as i expected.
BULLS slowly roasted all day with hot chilli sauce as I said.

Today a long 200c red candle with NO ENDS engulfing the prior 2 green candles
the close at 2370 matches the closes on Friday & Monday ie 6 & 9 June
closed at daily lows
that 2480 breakdown led to a SHORT thumping of another 110c lower

MACD reversed to red +0.19 went to now 0.16, so down -0.03 and printed RED
RSI also went down fro 61.59 to today 53.45, down a whopping -8.00 breaking the +2 to +3 move range last 3 days yet still not beating the +11 on Thursday 7 days ago
RSI now at same level as at it was at 2250 so leeway to downside exists

Last time we saw such a long red candle was 19 may & 2 June
19 may red candle was followed by a lower red doji with 70c range then another long red candle -150c traversing 2500 to 2350
2 June red candle was followed by a lower red candle below the prior close and down another 100c to close at 1850 lows

Both BAD
Which one will it be tmrw?

2250 bottom you reckon? We will see tmrw but the RSI agrees it may hit that tmrw.

This is a real rollercoaster ride alright, lucky I was watching on the ground and not in the cab
I predicted this yesterday and wisely stayed out today
Will likely stay out tmrw also as its too risky. the risk of a daily low like today was met with continued lows to close so bulls got trapped
BULL TRAP SPRUNG as I said.

Anyone wanna lose a few grand or more gambling? NOT ME !
Buying tmrw or at open on this TA is CRAZY ! 23-21 now open.
friday fear day im expecting with my beer goggles.

Expand

Its all fine TB, see my post earlier this evening on the shipping data.
Apparently MInRes are talking to Onslow shipping, and they agree with me!
Its up tomorrow; and will be a strong rebound.
Get a good nights sleep, and get up early to make some easy money by buying MINs early.
Shorts will be blown away by the performance of the business.
See Onslow shipping comment below:
MinRes Onslow Shipments (Moz)

@onslowshipping
·
1h

Replying to
@DerekFranc90653
So now I’ve got both the company and you trying to frontrun my commentary!

MIN Price at posting: $23.70 Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last $23.90		Change 0.200(0.84%)		Mkt cap ! $4.696B

Open	High	Low	Value	Volume
$24.10	$24.47	$22.76	$80.81M	3.398M

Buyers (Bids)

No.	Vol.	Price($)
1	7660	$23.88

Sellers (Offers)

Price($)	Vol.	No.
$23.92	5177	2

View Market Depth

No.	Vol.	Price($)
1	986	23.750
2	368	23.700
1	3024	23.650
1	40	23.500
1	426	23.460

Price($)	Vol.	No.
24.000	800	1
24.290	1750	1
24.390	2100	1
24.450	3270	1
24.480	380	1

Last trade - 16.10pm 13/06/2025 (20 minute delay)

MIN (ASX) Chart

MIN chart, page-1677

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MIN chart, page-1677

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