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.
MVP Chart, page-104
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 (20min delay)
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Last
41.0¢ |
Change
-0.015(3.53%) |
Mkt cap ! $35.38M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 43.0¢ | 41.0¢ | $90.70K | 214.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 15265 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 62 | 1 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
41.0¢ |
Change
-0.015 ( 3.53 %) |
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| Open | High | Low | Volume | ||
| 42.0¢ | 43.0¢ | 41.0¢ | 26089 | ||
| Last updated 15.59pm 03/06/2024 ? | |||||
| MVP (ASX) Chart |