MTC metalstech limited

@patience here is a chart from ANZ Share Investing: [IMG]...

  1. 445 Posts.
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    @patience here is a chart from ANZ Share Investing:



    Basically shows that the SP is hugging the top Bollinger band as it expands. This is why, on a purely technical basis, buyers were hesitant to wade into $0.27 this afternoon (as $0.27 would be above the top Bollinger band).

    The bollies are widening with every day that passes, so we are likely to see $0.27 fall tomorrow I think.

    The MACD and EMA and hence the PSAR are all rising so the only way is north, on a purely technical basis, in my opinion.

    The minor retrace today had very low volume (approx $153k in trades, total), substantiating all of the above.

    All personal opinion, pure speculation, not advice, dyor etc
    Last edited by race: 16/04/18
 
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(20min delay)
Last
13.0¢
Change
-0.005(3.70%)
Mkt cap ! $27.13M
Open High Low Value Volume
13.0¢ 13.0¢ 13.0¢ $11.11K 85.5K

Buyers (Bids)

No. Vol. Price($)
3 40619 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 268693 3
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Last trade - 14.27pm 30/06/2025 (20 minute delay) ?
MTC (ASX) Chart
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