Amigos, based on the shareprice of MTM during the past 6 months,...

  1. 2,902 Posts.
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    Amigos, based on the shareprice of MTM during the past 6 months, an Elliot wave pattern could be at play - (see MTM chart below copied from Hot Copper). It shows the first major wave pattern began in August-Sept 2024 - 5 optimistic up then 3 corrective down . The second major wave pattern began in about mid-November. At the moment the shareprice is about halfway into that second pattern. So if all goes to Mr Elliot's 1930 calculations, sooner or later we are about to see the next upwards step of this pattern. But do not believe me - I am a madman.

    https://hotcopper.com.au/data/attachments/6761/6761788-57c0508ed71773c372b7e72162c9fb97.jpg

 
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(20min delay)
Last
75.3¢
Change
-0.063(7.67%)
Mkt cap ! $396.5M
Open High Low Value Volume
80.5¢ 80.5¢ 72.0¢ $3.302M 4.383M

Buyers (Bids)

No. Vol. Price($)
3 45947 75.0¢
 

Sellers (Offers)

Price($) Vol. No.
75.5¢ 9694 7
View Market Depth
Last trade - 11.43am 31/07/2025 (20 minute delay) ?
MTM (ASX) Chart
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