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2.78%

3.5¢ mtm critical metals limited

thanks for your input

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Feshghi

120 Posts.

26

12/04/23

14:35

Post #: 67237342
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Originally posted by Cheeky-Charm: ↑

DOWNGRADING SHORT TERM TO A SELL! ALSO NOT HOLDING

Not sure how I feel about most people averaging in, buying more MTM/MTMO stock & options.

Daily chart shows ZERO edge for entries.

Sitting in a slight range of 12c to 10c (currently at the lower end of the range)

I suspect it won't be long before a seller drives it down to hunt out some folk

After all, lots of averaging and constant sell downs at the 12c level shows someone with supply still out there

No wonder 10c Buyers been stacked for a while, with prices reaching 12c and then selling back down immediately. 10c depth not to be relied upon despite Cap Raising.

AT THIS RATE it really won't be long before 10c Buyers are obliterated. Rare Earths in the market is good, their recent raise is good. The price action isn't.

A decent amount of Retailers following particular Twitter folk are indeed getting more and more trapped the less they're able to sell above 11.5c and 12c.

Daily Below wants to shake out can they flush it down to the 7.5c Gap Fill Level"? Bid hitters in 5....4.....3.....2.......1

DOWNGRADING SHORT TERM TO A SELL!

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thanks for your input

MTM Price at posting: 10.3¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 3.5¢		Change -0.001(2.78%)		Mkt cap ! $9.838M

Open	High	Low	Value	Volume
4.0¢	4.0¢	3.5¢	$13.20K	364.9K

Buyers (Bids)

No.	Vol.	Price($)
4	365258	3.5¢

Sellers (Offers)

Price($)	Vol.	No.
3.8¢	99999	1

View Market Depth

No.	Vol.	Price($)
4	365258	0.035
5	234647	0.034
4	363636	0.033
2	30000	0.032
6	832291	0.030

Price($)	Vol.	No.
0.038	99999	1
0.040	117000	3
0.041	112900	2
0.042	350000	2
0.043	60000	2

Last trade - 11.13am 16/07/2024 (20 minute delay)

MTM (ASX) Chart