I noticed yesterday when someone sold MEL down to 31c, buyers quickly re-appeared at 31.5 and 32c. This hasn't been the norm! What has been the norm is a constant flow of small sell orders and what appears to be some bot trading. It's early days but today a couple smaller buyers have stepped up and are so far unopposed by sellers. Long term support for MEL is roughly around the 30c mark. I'm hoping/thinking we mightn't be too far a off a low for MEL.
DYOR
price action
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Last
0.6¢ |
Change
0.001(20.0%) |
Mkt cap ! $7.493M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.6¢ | 0.5¢ | $2.831K | 565.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2198575 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 7828491 | 13 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| MEL (ASX) Chart |