MME Charting Thread, page-24

HUM - MFG - TYR - ZIP all things in the financial and lending space are all pretty much up today. MME laggard now

19th September MME saw big volumes with Brokers doing 11.5c - Several days of price movement north and we are back at this level. NO UPDATES on any T20 or any Director, yet some bigger capitals are flowing in. Something will be known in the very near future.. They need to update ASX Shareholders!

Either they were supplying the whole time on what seems like incredibly thin volume now, OR it's accumulative tactics before the push up

Trend should still be our friend here, Buyers have once more stacked more than the sellers. Perhaps that is why the volume appears to be declining with this retracement

AND if someone could please explain why off screen demand is hiding cowardly on the Chi X exchange with a 3 to 1 ratio of Buyers to Sellers? How close are we away from NEWS now? Something is definitely up, I cannot yet say that I believe some Fund or a Manager is getting in but small caps are in for a good ride I believe.

SENTIMENT: Buy/Hold
POSITION: Held

It has been interesting games in trying to flush, in trying to bring supply. I think its getting more attention but someone with deeper pockets are trying their thing at accumulation without sending prices too high

If I was the market maker I would also not let this run too hard especially if Morgans got that 21c Target Price I'd be trying to gather as much as I can, and then using Retail Volume to exit some out. Right now I can't say how much retail is on this. I personally think very little amount of retailers and traders on it. These spreads were so thin, it could have easily been piggybacked by Hotcopper Traders thread or someone else with larger influence pumping. |

The fact it isn't being ramped yet somehow prices are increasing is indicative of people building a posiiton. We have NOT yet entered the Public Partiicpation Phase which I suspect occurs after 15c to 16.5c levels so right now someone's having a laugh!

Someone's probably capping prices because they are scooping size how they can. One day they may be laughing quite hard! 50c sounds reasonable but for my style and trading capital I could never hold out that long haha all the best man! I love the conviction