MYX doing very well, popped above its range on volume today. I'm surprised at how quickly it has reclaimed that candle from 24/8. Pretty freakish move that was, earnings for 2H were released and they were good, but wow, that was a massive jump for a then $1.6bn company: +35% in two minutes then back down within ten...
The hourly is a thing of beauty. Note the last three candles. Very strong buying after lunch, then selling in last two hours. A lot of stocks were sold down into close today - MYX was no different - but supply here was easily absorbed & there was a rally in last hour:
Here's a longer-term picture to see the journey to date:
Short Term Trading Week Starting: 17 Sept, page-87
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Last
8,034.9 |
Change
-23.700(0.29%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,058.6 | 8,071.4 | 8,034.7 |
| XAO (ASX) Chart |