Where is the low?
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From a weekly perspective, another drop this week from 21.5 to 19.5. A touch of 26.5 high and 19 on the down.
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So what is happening? Its playing weak. This is 4th week in a row that it has gone down. From 28.5 to 26, then 22, then 21.5 and now 19.5. Many times lower highs and lower lows. So technically its playing with weakness. From fundamental perspective, news still give hope that it is going in right direction. The key ones would be around demonstration plant, scale up, any deals/agreements with other industry players etc. So looks like punters want more confirmation at this stage.
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Personally I had some more play this week, my average now 22 from 23 last week, so still down for now.
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So what may happen next week? Since coming down from 30.5, the 18.5 has been the low. The way it was going today, it looked like it might be tested. But 19 held, and it finished at 19.5. So a positive there. Also, fundamentals still look very strong, so something big could still happen. Odds are not bad, hence I am here. There is no guarantee in this type of play, so we play odds. At this stage odd looks good. There is a pattern in play, not favourable. It dropped from 30.5 to 24.5 (6c), then from 30 to 22 (8c), then from 27.5 to 18.5 (9c) and now its coming down from 26.5. What will be the low of this one? If 19 holds, it will be good. Any drop, I feel it may be bought, for the next rise. And we can hope that next rise is above 26.5 for a start, and 30.5 for a confirmation. . Will that happen? Lets hope so. All the best.
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metallium limited
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81.5¢

Where is the low?.From a weekly perspective, another drop this...
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Last
81.5¢ |
Change
0.060(7.95%) |
Mkt cap ! $425.2M |
Open | High | Low | Value | Volume |
76.0¢ | 81.8¢ | 74.5¢ | $3.924M | 4.967M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 27814 | 81.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
81.5¢ | 66565 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 27814 | 0.810 |
3 | 39000 | 0.795 |
1 | 12700 | 0.790 |
3 | 13600 | 0.785 |
4 | 33603 | 0.780 |
Price($) | Vol. | No. |
---|---|---|
0.815 | 66565 | 3 |
0.820 | 32669 | 2 |
0.825 | 60975 | 1 |
0.830 | 12000 | 1 |
0.835 | 22840 | 3 |
Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
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