MYR Charting Thread, page-4

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Bruno81

3,309 Posts.

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07/09/23

12:43

Post #: 69768749
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Originally posted by Cheeky-Charm ↑

I'd like to think so! I'm also prepared for the possibility of being completely wrong.

I've come to notice that big money HATE me exposing the plans behind closed doors especially if I'm building a bullish case.

The opposite is also true, whenever I point out flaws in a company or potential flags I find they react with a sell down way Sooner than saying "this stock will go for a pump".

I already have manageable expectations here that they'll try and flush a few folks who were trying to buy at levels clearly showing that this is on the way to a big EMA breakout move.

This one doesn't need ramping as they'll cull the supply and push it up when they're ready.
I don't think I've ever seen anybody in their right mind who pays $16M of stocks purchased on market, right as this lurks the 200 EMA, right as the weekly shows a massive test of long term EMAs and respectfully bounces, and right as someone recently shorted 25M units this month all sounds like a short squeeze recipe. Time will tell though.

If I was the big boys who just got outed, ofcourse I'd bring some supply in to cover a short that's about to squeeze retailers out as they're the ones who are quite bearish on MYR.

Can I just note on the second image attached, MYR HAS NEVER SEEN ITS 150 & 200 EMAs trending to the upside. It's been DOWN DOWN DOWN since the $2.80 sell downs BUT funnily enough since the co-ordinated world wide plandemic, we can see LATE 2020 MYR finally started having ALL EMAs trending to the upside.

Just WHAT is it these guys know, that's only being released to us AFTER the fact? I remain bullish so long as MYR stays trending (the technicals, not the market bias and their sentiment). GLTAhz I think following the money here is the wise decision despite the conventional retailer and their doomsday predictions.

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Did u look at who bought the 16 mil? It was just premier investments, they own about 30% of the company now it’s no conspiracy, anyway does any one know when the full year results are out ? It should be next week going by last years dates?

MYR Price at posting: 66.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 64.5¢		Change 0.000(0.00%)		Mkt cap ! $1.110B

Open	High	Low	Value	Volume
64.0¢	64.5¢	63.0¢	$710.6K	1.111M

Buyers (Bids)

No.	Vol.	Price($)
57	179439	64.0¢

Sellers (Offers)

Price($)	Vol.	No.
64.5¢	142466	20

View Market Depth

No.	Vol.	Price($)
57	180754	0.640
26	269165	0.635
20	328235	0.630
12	401164	0.625
17	683115	0.620

Price($)	Vol.	No.
0.645	143557	22
0.650	244093	27
0.655	108435	16
0.660	225929	12
0.665	130685	5

Last trade - 11.47am 17/06/2025 (20 minute delay)

MYR (ASX) Chart

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