MVP 3.45% 60.0¢ medical developments international limited

While price fell exactly to where my post above said it should,...

  1. 306 Posts.
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    While price fell exactly to where my post above said it should, MVP need to show a few more green days for me to agree that the bottom is in. A price break above $8.43 and some consistent higher highs and lows are needed for me to see this as a good buy rather than a gamble. Only the 'knife catchers' trying to bottom pick would buy now as 2 green daily bars doesn't make a recovery. On the daily chart (below), today's candle was a doji suggesting there is still a lot of indecision in the market (and that prices might fall tomorrow). That said I hope the bottom is in.
    https://hotcopper.com.au/data/attachments/2354/2354594-5cf1f1758f7bfa3a230ad0c2bcbd8d43.jpg
    https://hotcopper.com.au/data/attachments/2354/2354599-29a0df1cb48efdebf61e2aaf80b31ace.jpg

 
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Last
60.0¢
Change
0.020(3.45%)
Mkt cap ! $51.78M
Open High Low Value Volume
59.0¢ 61.0¢ 57.0¢ $84.06K 143.8K

Buyers (Bids)

No. Vol. Price($)
1 4613 58.5¢
 

Sellers (Offers)

Price($) Vol. No.
60.0¢ 27377 1
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Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
59.0¢
  Change
0.020 ( 1.16 %)
Open High Low Volume
59.0¢ 59.5¢ 57.0¢ 40150
Last updated 15.59pm 29/03/2024 ?
MVP (ASX) Chart
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