Based on chart,
1. We have been accumulating at the level since Jan 17 till now, about 4 months of ranging $2.70 -$2.90
2. Broke out of the 9 months down trend line(red) since May 16 till Feb 20.
3. After we break out, have been accumulating sideway at $2.80 to $2.90 while NIB rocket up and break highs.
4. $2.89 have been a strong resistance line for sometime and last Friday, it break up with volume.
5. The next price resistance should be at $3.00 region and subsequently at $3.26(record high)
6. If bullishness continue, $2.90 will be a good support base, else $2.80 will be the key support.
Inputs and comments welcome. My simple reading based on chart.
Cheers
MPL Health Chart
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MPL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.66 |
Change
-0.040(1.08%) |
Mkt cap ! $10.07B | |||
| Open | High | Low | Value | Volume |
| $3.70 | $3.72 | $3.65 | $16.05M | 4.375M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 68947 | $3.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.67 | 53000 | 3 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| MPL (ASX) Chart |