MMX 0.00% 4.7¢ murchison metals ltd

mmx, page-23

  1. 319 Posts.
    Volume and price are considered the two most important things by traders. Higher volume confirms the price action. Whereas price rises without higher volume suggest that market is not in agreement with the price action.
    I don't know how well you did your fundamental analysis and I'm not sure how much this company is worth either BUT it has been way overbought in the short term (actually the entire resource sector has)
    The SP has double since 1st of November, gain 40% since 18 of Dec.
    Don't buy on the up, wait for it to drop.
 
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Currently unlisted public company.

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