MRQ 0.00% 0.4¢ mrg metals limited

MRQ - chart thread !, page-1371

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    A little tough to make any probabilistic calls for me at this point.
    Can see a base with volatility contraction implying supply has been thinning, however there is some overhead supply to chew through and what looks like some trapped holders. Supply came in hard last September so there is a clear exchange of shares from one hand to the other there.
    Where the trend channels and support/resistance lines intersect will be worth keeping an eye on.


    https://hotcopper.com.au/data/attachments/2893/2893797-5bb352b57062b49a48e99f37aac2d33b.jpg
 
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Last trade - 16.10pm 23/07/2024 (20 minute delay) ?
MRQ (ASX) Chart
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