Which way is the next leg?
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Was away for around a month, travelling and different time zones, so was not able to post. Also limited trading.
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My last post it was all about whether 12.5 it made in mid March can be low of that phase. It turned out it wasn't and we made 12 in early April. But since then it has been a good price action.
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The good thing about MTM that it has kept major gains from its rise under 10. When its weak, many call for it to collapse, but it has not. So there is hope that one day something much bigger could happen.
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The question is - whether its now or a bit later? If there was one thing, just from trading/numbers perspective, I have not liked, is MTM has been making lower highs and lower lows. Before. But this time it broke that on the up. So I am thinking, if things go bad, it may do a higher low than 12. So lower highs - 30.5, then 30, then 27.5, then 26.5, then 23.5 - but in this phase got to 25.5. So broke one pessimistic pattern, which is good.
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Personally I still hold but have been trading, playing these numbers. I have kept a core holding which I am not trading, otherwise following the price action.
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So what could happen next week? Very difficult to say as its more or less sitting just above half of rise. From 12 to 25.5, tested 20, now thinking. So not sure in short term, but still looking good medium term. All the best.
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mtm critical metals limited
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Which way is the next leg?.Was away for around a month,...
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Last
63.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $293.2M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 381 | 65.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
65.0¢ | 195062 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 381 | 0.655 |
1 | 300000 | 0.650 |
1 | 1585 | 0.640 |
1 | 10000 | 0.620 |
2 | 167601 | 0.615 |
Price($) | Vol. | No. |
---|---|---|
0.650 | 195062 | 2 |
0.660 | 9370 | 3 |
0.665 | 3667 | 1 |
0.675 | 35868 | 2 |
0.680 | 20450 | 2 |
Last trade - 10.07am 25/06/2025 (20 minute delay) ? |
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MTM (ASX) Chart |
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