MIN 5.04% $33.53 mineral resources limited

MIN chart, page-206

  1. 10,137 Posts.
    lightbulb Created with Sketch. 4382
    spoke too soon.
    Another wall street drop down and MIN followed at open

    down -139c on open then reversal again +49c green body with 61c neck 5c tail
    meaning the smashed open was at daily lows & bought up and strongly

    Strong support x 3 at around 51-52
    triple bottom formed here
    reversal signals on TA formed, V whipsaws and reversal candles

    HOLD SENTIMENT I changed around 51-52
    might be seeing a BUYZONE forming here at 51-52
    August normally fake bounce to 60 but we will see.

    Some large INSTOs calling a bottom here and trading to buy at these lows
    SHORTS not making much here other than on overnight shorts but risky as we saw on wednesdays large gapup open.
    Best to wait for floor and pick a BUY ZONE low entry & wait for confirmation of an uptrend as right now its a zigzag WWW pattern last 4 weeks.
    ST traders are playing the range 51-56 for now up and down.

    SHORTS losing control.
    positive signals appearing down here. Wait for confirmation.
 
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Last
$33.53
Change
-1.780(5.04%)
Mkt cap ! $6.589B
Open High Low Value Volume
$34.62 $34.99 $33.36 $99.83M 2.953M

Buyers (Bids)

No. Vol. Price($)
1 238 $33.52
 

Sellers (Offers)

Price($) Vol. No.
$33.61 1000 1
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
MIN (ASX) Chart
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