moving up today, page-2

  1. 574 Posts.
    I was reviewing charts in general and i think i see a sign of possible hope for MEU

    Last few trading days produced a gravestone doji candlestick on 23rd and then on the 25th an inverted hammer

    furthermore the hammer is almost touching the EMA 15

    However, the negatives are
    -no MACD crosses yet
    -volumes are still low
    -overall more selldowns than sellups
    -moneyflow still down

    difficulty overall still in interpreting the candlesticks for MEU, quite a few doji penetrating Bollinger bands without upturns

    still no overall solid signal

    so fundamentally, i am thinking 8 c is just ridiculous for a super cashed up company with uranium and iron ore prospects

    still 60% full with average almost 10s

    i reckon overall in botoom picking, this is as close as it gets

    opinions anyone
 
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(20min delay)
Last
4.0¢
Change
-0.001(2.44%)
Mkt cap ! $47.13M
Open High Low Value Volume
4.1¢ 4.1¢ 4.0¢ $12.24K 302.7K

Buyers (Bids)

No. Vol. Price($)
6 349181 4.0¢
 

Sellers (Offers)

Price($) Vol. No.
4.1¢ 200000 1
View Market Depth
Last trade - 16.10pm 08/07/2025 (20 minute delay) ?
MEU (ASX) Chart
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